Posted by on Jul 30, 2019 in Articles & Advice, Blog, Featured, Video |

Image Credit: Tuchodi, “Red Flag Day,” April 11, 2011, via Flickr

By Jason Zweig and Andrea Fuller  |   Updated July 30, 2019 8:25 am ET


Many people seeking a financial adviser begin their search at, a directory operated by the Certified Financial Planner Board of Standards Inc.

The Board, which controls the CFP label coveted by financial planners, boasts of its high standards and has touted its directory of professionals as a place where people can find a screened, skilled and trustworthy financial planner.

What they won’t find there is any indication that thousands of the planners bearing the board’s seal of approval have had customer complaints or faced criminal or regulatory problems—often directly related to their work with clients. More than 60 have filed for bankruptcy within the past decade although the website says they haven’t disclosed such an event in the last 10 years….


To read the rest of the article:

Video of CNBC interview with Kelly Evans:


For further reading:


Benjamin Graham, The Intelligent Investor

Jason Zweig, The Devil’s Financial Dictionary

Jason Zweig, Your Money and Your Brain

Jason Zweig, The Little Book of Safe Money

Articles and other research:

On Fiduciary Duty

When Your Financial Planner Doesn’t Tell All

‘Fee-Only’ Financial Advisers Who Don’t Charge Fees Alone

Some ‘Fee-Only’ Advisers Charge Commissions Too