Scott Hanson, Co-Founder, Hanson McClain Advisors and Hanson McClain Retirement Network talks about the fiduciary standard and what's best long-term for clients. He also says risk tolerance has changed for clients and that the industry needs to "get it right this time" if we are to restore trust after the erosion caused by recent Wall Street scandals.
Written by industry influential Marie Swift, a nationally-recognized consultant who's worked with some of the top financial advisory firms nationwide for nearly twenty years, this blog spotlights financial services firms that Marie Swift deems as adopting "Best Practices" in the industry.
Tuesday, May 17, 2011
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He also says risk tolerance has changed for clients and that the industry needs to "get it right this time" if we are to restore trust after the erosion caused by recent Wall Street scandals.
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