Hidden Risk of Commission

The Hidden Risk of Commission Based Investment Sales

by Timothy Guthrie on Oct 5, 2017

Savings, Hidden Risk of Commission

When sitting down with an “investment professional” (hereafter referred to as ‘IP’), folks understand that the person across the desk, needs to be compensated something. Additionally, the IP’s firm has overhead, and keeping the doors open is expensive. You understand this principle is universal: The bagel shop sells you a bagel for $1.95 because their rent is $7,000 and month, the tire shop charges $900 for four new tires because the tires wholesale for $110 each and the new building cost $5.4 million.

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