David Choo urges consumers to be more exact when it comes to buying financial products.
The financial services industry is a serious business. It’s regulated by the all-encompassing Financial Advisers Act implemented in 2002. But from time to time, we still see uncharacteristic lapses and bad press. The industry is a billion-dollar business and is slated to be a fast-track growth area, which the wealth management sector will boost. It boasts big reputable firms like banks, stock broking firms, insurance companies and fund managers as corporate players and thousands of well-trained and qualified representatives as individual players.
Source: Smart Investor
Date: May 2005
Author: David Choo
Share With Friends
Suggested Readings
