Tag Archives: Fiduciary

“Obama Targets Financial Advisers” — a WSJ editorial full of nonsense

  Today’s WSJ Editorial. For the record, we at Meyers Wealth Management do NOT agree with the editorial. We have no opinion about HOW the Obama administration is going about this — legal procedures, etc. But the notion that someone who calls himself a “financial adviser” can do so without being subject to a fiduciary […]

Who’s Training Your Advisor? And let’s talk about conflicts of interest…

Another great column from Jason Zweig over at the Wall Street Journal: <http://blogs.wsj.com/moneybeat/2014/02/14/whos-training-your-retirement-navigator/&gt; In it, he starts with the big issue — there’s a lot of money on the table in the world of retirement savings and, especially, those huge balances growing in people’s 401(k) accounts, many of which will be rolled over in some form […]

Mutual Funds a ripoff?

Maybe that’s pushing it a little bit, but the fact is that the vast majority of mutual funds, mostly actively managed, add more in costs than they do in value.  A net loss to the investor compared to what he should be paying. David Swenson, chief investment officer at Yale University (he manages their huge […]