Financial Advisors Fear Question

AllgenFinancial · #1 (**permalink**) 10-22-2008, 04:07 PM

What could be the top 3 greatest fears that a Financial Advisor could face when considering to go independent, especially during these tough times?

david007 · #2 (**permalink**) 10-24-2008, 03:13 AM

One greatest fear that a financial advisor has:

When he suggesting his client to invest money in a particular channel and after investing the client loose his money, then not only he lost his credentials, also he loose his clients and few of the referrals. Hence, a financial advisor should have the industry knowledge before suugesting that industry for investment.

AllgenFinancial · #3 (**permalink**) 10-24-2008, 04:30 PM

thanks for the response david007, that makes a lot of sense

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