October 30, 2025 - Affinity fraud is one of the most ... and Exchange Commission (SEC) announced enforcement actions against Vanguard Advisers and Empower Advisory Group......

May 9, 2022 - Using these parameters, here's a look at three of the best -- and three of the worst -- brokerage firms in terms of investment advice. ... Vanguard was one of the pioneers of low-cost investing, primarily through its no-load mutual funds. In recent decades, the firm has expanded into zero-commission stock trading and two types of financial advisory services: Vanguard Digital Advisor and Vanguard Personal Advisor Services.

May 31, 2025 - Like Wells Fargo, Citibank has received an F rating from the Better Business Bureau. The company has faced multiple CFPB settlements, including issues with servicing student loans and recent high-profile cases involving “operational chaos ...

February 27, 2025 - Most financial advisors mean well. They try to show you graphics that tell the story they want you to hear. There’s a big problem. That story often gets oversimplified to the point of being wrong – at best, it’s misleading.This is the worst chart every financial advisor will show you.If ...

March 4, 2016 - Amit Seru, a finance professor at the University of Chicago’s Booth School of Business and a co-author of “The Market for Financial Adviser Misconduct” (Egan, Matvos, and Seru 2016). These researchers data mined the FINRA database to aggregate and measure the misconduct data for all U.S. firms with at least 1,000 advisors.

Answer (1 of 2): People have varying degrees of success with some companies like Fidelity. I personally have used them and had some success. Motley Fool is a hit and miss. You have to be careful with their advice. However, *unfortunately* I’ve run into many very bad financial advisors.

May 20, 2025 - The list includes financial advisors and brokers charged with various illegal activities including Ponzi schemes, elder fraud, evading the authorities, and murder. ... According to the article, these offenders were gathered from news articles, from the Financial Industry Regulatory Authority and the SEC. Many of the fraudsters have been convicted, and some have charges still pending, according to the article. The following are reportedly the worst financial advisors, (and financial advisor imposters) in America.

These settlements have cost the ... firms. Table 1 below displays the firms with the highest rates of misconduct. Oppenheimer, First Allied Securities, and Wells Fargo Advisors Financial Network rank at the top of the list....

July 16, 2025 - Younger advisors want more support from their firms, the research group finds.

May 3, 2017 - Bogleheads: The Bogleheads Forum frequently warns us about expensive and bad financial advisors. These were among the worst in 2016: 12 Worst Financial Advisors in America: 2016 In an attempt to be balanced, Allan Roth, CPA, CFP, is one of my favorite financial advisors.

BrokerCheck is a trusted tool that shows you employment history, certifications, licenses, and any violations for brokers and investment advisors.

2 weeks ago - A financial advisor should help you make informed decisions, but there are warning signs of a bad financial advisor that could indicate when they are doing otherwise. These signs generally include pushing unsuitable products, lacking transparency about fees, or being unresponsive to your questions or concerns.

1 week ago - Discover the worst financial advisor firms to work at and uncover red flags in the financial industry. Find out which companies to avoid!See more videos about Top Worst Architect Firms to Work for, Best Accounting Firms, Worst Prop Firms, Worst Debt on Financial Audit, Worst Work, Worst Shift ...

April 22, 2025 - Some companies give poor advice, charge hidden fees, or only care about making sales — not helping clients. Be careful of advisors who rush you, make big promises, avoid talking about fees, or give the same plan to everyone. Always check reviews, ask questions, and understand how the advisor gets paid. A good advisor should listen to your needs and give you a clear, personal plan. A financial advisor is someone who helps you manage your money.

3 weeks ago - Our article has pulled together the top financial advisor firms in the US, helping you discover who is the most trustworthy financial advisor for your needs and the best financial advisors for retirement by comparing features, pricing, and overall pros and cons.

December 15, 2020 - The truth is, the vast majority of investors aren't perfect – and that includes financial advisors. Many of us learn through trial and error just like everyone else. Want proof? Here are some of the worst financial mistakes some popular financial advisors made when they were first starting out:

Bankrate evaluated dozens of the largest financial advisory firms to make it easier to find trusted money advice based on your personal needs, budget and other preferences. The providers below are recognizable names with a nationwide presence.

2 weeks ago - We analyzed over 15,000 financial advisories registered with the SEC and scored them based on the following factors: asset performance, client performance, adviser expertise and client ratio, breadth of service offerings and conflicts of interest. Companies like Facet Wealth, Sarofim Trust Co.

September 12, 2025 - Yvan Byeajee, author of Trading Composure: Mastering Your Mind for Trading Success, says too many investors find it "difficult to focus on the probabilistic nature of trading, where the process matters more than any single outcome." As such, they tend to engage in rash trades or blame the messenger, in many cases, their financial advisor, when they're just on the wrong end of the normal risks that go with investing.