When bad financial advisers happen to good people
Tuesday, January 22, 2019 - 14:40
in Mathematics & Economics
Over 650,000 registered financial advisers in the United States help manage over $30 trillion of investible assets and represent approximately 10% of total employment of the finance and insurance sector. However, despite their prevalence and importance, financial advisers are often perceived as dishonest and consistently rank among the least trustworthy professionals, a perception shaped by highly publicized scandals in the industry over the past decade.