While it is commonly known that advisors in the financial world are compensated for their work, most investors don’t realize just how exquisite their incentives can be! One of the added perks to selling commission based products is the incredible gifts and extra money which companies will offer sales reps. These gifts can range anywhere from flat screen TV’s to fully paid European vacations!
It can be very tempting for an advisor to “sell” a client a product which may not necessarily be in the client’s best interest simply to receive some extra incentives. These extra incentives will certainly never be discussed during the sale of these products. To see more, click here.