In fact, one third of the advisors, including more than 1500 from my state of Connecticut, voluntarily certify as a fiduciary through the Certified Financial Planners Board. Many fiduciaries are also educators, helping their clients to learn about their savings, their investments, and why certain decisions make the most sense. So Mister Pfeiffer, can you also describe how the behavior of unscrupulous advisors can make it more difficult for all professionals to offer the best advice to investors? (02:32–02:41)
CLAIM
Asserts that many fiduciaries also educate their clients about savings and investments.
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