Viewing entries posted in January 2011
Financial Planning lacking
In today's Personal Finance section was a quick article by Suzanne Barlyn uncovering the GAO's study on financial planners. Once again, the financial planning trade groups seek to expand their membership instead of solving the problem. In the letter I wrote to Senator Dodd last March, I outlined the need to have a set of standards for financial planning and the need for such to be taken back from FINRA.
Broken Plans
Last fall when we were diligently working to develop Folioscore.com, an application that allows investors to audit how well their advisor is managing their portfolio towards achieving their financial planning goals, Andy Gluck sent me an insightful article, Broken Plans.