Financial Myth: Financial Advisors Making Commissions Can Provide Impartial Advice

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In this episode, we discuss the myth that financial advisors who make commissions can provide impartial advice. 

We define impartial advice as someone who is not directly involved in a particular situation and is able to give a fair opinion or decision about it. 

Travis shares his experience in the industry and explains the various incentivized compensation structures that financial professionals receive, such as upfront commissions, new asset bonuses, and proprietary products.

We highlight the conflicts of interest that arise when advisors are motivated by their own financial gain rather than the best interests of their clients. 

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About Your Co-Hosts:

Travis Maus has been in financial services for over fifteen years. He is a Senior Wealth Manager and Chief Executive Officer at S.E.E.D. Planning Group.

Steve Campbell has over a decade of experience in the industry and serves as Chief Brand Officer at S.E.E.D. Planning Group.