Registered investment advisor can. (RIA) in good faith to get paid to sell insurance and financial load.
RIA, may be made by way of trust. Obligations, rationalize compensation insurance or annuity sales. (Goods sold as investment vehicles, such as policy. VUL) when the compensation for the sale. Although the product. Medicine is the best interest of customers without a committee structure, the nature of abuse, create a conflict of interest for. In addition, if the RIA or RIA is. recommending payment to carry 12B-1 fees will not generate a similar conflict of interest even if it is the best fund of Lot. (Hypothetically) the most hope is the question that consultants need to limit registration fee of some type, such as their base fee. (Percentage of assets under. mgmt) or the base (% profit in port).
RIAs that there will be compensation costs,. commissions, but all income must be disclosed to investors. But all your points are well taken and some more. Difficult to prevent and not only Addressing RIAs. CFPs offer both other problems. I have known many RIAs, and I have found that you do not sell well. Insurance and / or mutual funds, money management will make your account with the securities or investment products generally. RIAs are good for investment research intensive work better. For customers from the sale of money or insurance. RIA should charge them as assets under management and should not participate in the profits of any account. Profit sharing is. Not organized in units with good views. I have always found it difficult to accept. RIA trying to adjust the sale amount. 12b1 fees, or return value end, or any type of insurance.
