The titles they use mean absolutely nothing. We have a marketplace for financial advice in which professionals use virtually identical titles. ... You have to dig deeper.

If I had to make a choice between no advice and biased advice, I'd choose biased advice because I think there is a desperate need for it.

I have been pleasantly surprised on a number of fronts.

The average person usually can't distinguish between them.

The for-profit environment adds to the pressures and potential conflicts of interests,

Ultimately you can't get around the fact that forty percent of states are not inspecting advisors at all?and only thirty-six percent are inspecting them enough to form an effective deterrent.