Yeah but if you invest yourself you can't verbally masturbate to everyone else about how you are so progressive you let a black woman manage your money.
They don't care about the returns they care about being able to be the biggest virtue signaler.
Fiduciaries are the only ones to ever hire. If they fuck up they can be held criminally liable if they can't prove it was an honest mistake.
Investing in a woke company that doesn't make returns is not in the best interest of the client if the client says not to invest in them. If they make that investment they broke the trust and are in some legal trouble.
Most financial advisors in my experience are some of the least knowledgeable about finance people around. 1.5%/yr in fees? For what?
Most people just need to throw their money in total market ETFs. Done. There's nothing complicated about investing at all.
Yeah but if you invest yourself you can't verbally masturbate to everyone else about how you are so progressive you let a black woman manage your money.
They don't care about the returns they care about being able to be the biggest virtue signaler.
yup, until the first cheque bounces.
Fiduciaries are the only ones to ever hire. If they fuck up they can be held criminally liable if they can't prove it was an honest mistake.
Investing in a woke company that doesn't make returns is not in the best interest of the client if the client says not to invest in them. If they make that investment they broke the trust and are in some legal trouble.