If they’re selling you IPOs, they’re not your fiduciary advisor.

My friend Professor Scott Galloway – author of The Four and Algebra of Happiness – has launched a new podcast series and I’ve agreed to become his markets contributor. We taped this the other day and it just hit YouTube over the weekend. We talked about the unavoidable conflicts wirehouse firms have when they’re doing both initial public offering underwriting and wealth management, trying to set an...

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source https://thereformedbroker.com/2019/11/25/if-theyre-selling-you-ipos-theyre-not-your-fiduciary-advisor/