Last month we talked about how value was compromised, trust was shaken and yes, it follows that there is pushback about fees.

Where do others find weaknesses among brokers? A study of 288 senior executives in the global fund and investment management executives found that financial intermediaries — client-facing advisors — in particular, are perceived as being untrustworthy and lacking knowledge, perhaps as a result of inadequate education by investment managers on complex products and associated risk management practices. (more…)