Brokers VS Licensed Investment Advisors - THINGS YOU SHOULD KNOW
Different types of Financial Advisors. Broker VS Licensed Fiduciary Investment Advisors. How do they differ?
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00:00 Introduction
00:20 Topic Intro
01:16 Two Types of Financial Advisors
01:46 What is a Broker?
02:26 Broker Regulations
03:16 Standards that Guide Brokers
05:00 Selling Away Example
06:54 Pay Structure for Brokers
07:50 Statistics of Financial Advisor
08:04 Registered Fiduciary Investment Advisor
08:30 Standards that guide RFIAs
09:00 Pay Structure for Registered Advisors
10:30 Important Takeaways
11:00 Broker Disclosure
13:30 Conclusion
13:50 Outro
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