Not all financial advisors are Bernie Madoff. Yes, there are some crooked advisors out there but that can be said for any industry or “salesperson.” There area many good and ethical financial advisors who genuinely care about the financial security of their clients. The fiduciary rule is heavy handed and would result…
I see what this comic is trying to illustrate, and in a fashion it’s right. Most people aren’t smart enough to do their own investing, or understand a lot of the policies surrounding banking.