Right on the money

Joshua Brown’s blog on Forbes once again sheds light on the difference between stockbrokers and true financial advisors.

He references the recent Infogroup/ORC study with the following conclusion:

“According to the poll, which came out on September 15, an overwhelming majority of investors do not understand the fact that stockbrokers are in the business of selling them things while advisors are in the advice business.”

http://blogs.forbes.com/streettalk/2010/09/20/what-is-a-stockbroker-america-has-no-clue/?boxes=Homepagelighttop