BACKGiven what has recently occurred throughout our financial system and economy, there will undoubtedly be significant changes to many aspects of the financial services industry, including regulation, compensation, disclosure and risk assessment. What won’t change is human nature. This wasn’t the first “bursting of a bubble” and it certainly won’t be the last. Nonetheless, it is my opinion that the most recent financial turmoil will accelerate a trend toward a more skeptical and more educated investing public.
The Way Forward: Independent Advice and Trust
Author:
Scott D. Reinhardt, CFA
Published on: October 16, 2009