Nov 29, 2023

InvestmentNews: Another worrisome conflict of interest emerges

woman working at her desk

Unlike the dominant commission-only advisory model from 30 years ago, modern advisors are mostly steadfast in adhering to their responsibility to avoid (or disclose) conflicts in their advice. But a long-forgotten advisory dilemma has recently returned. In “Another worrisome conflict of interest emerges,” his November 21st, 2023, practice management column for InvestmentNews, Allworth co-founder Scott Hanson asks readers to consider whether they should advise certain clients to liquidate investments to pay off high-interest mortgages.

Read the full article at InvestmentNews.