FYI: Registered investment advisers like to promote themselves as being on the side of investors, but a growing number are quietly accepting money from custodians in exchange for recommending certain mutual funds — usually funds that are more expensive for investors. The payment is made to advisers as a “shareholder services fee.”
Regards,
Ted
http://www.investmentnews.com/article/20150626/FREE/150629930?template=printart
