FYI: Imagine this. You hire a homebuilder named Ricky. He’s a strange little dude. When he builds a new home, he plants termites in the walls. As neighborhood home prices rise, yours rises too. But wood-devouring devils are dining on your future. Before long, your home needs work, and it’s worth a lot less than the others on your block.
I doubt any builders would do such a thing. But that doesn’t mean financial advisors wont. They lay profit-devouring vermin in investment accounts.
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/how-some-financial-advisors-lay-termites-in-your-home