It may get harder for consumers to tell how some financial advisors get paid

It may get harder for consumers to tell how some financial advisors get paid

Thomas Barwick

The group that oversees certified financial planners is making it tougher for consumers looking for a new advisor to find out how a particular CFP gets paid.  

The CFP Board of Standards — a nonprofit that governs the CFP designation, held by 86,000 financial advisors in the U.S. — erased a part of its consumer-facing website that allowed the public to search for a…

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