[Olderguy]

Actually that's pretty funny even though it's completely false. Brokers should be looking out for what is in the best interests of their clients. BROKERS and not FIDUCIARIES? That is an excuse to sell high commission MCA's to people because is makes you money, not because it is in the best interest of the clients. Nobody on his site has the skills to take care of clients the way they should/could be handled. Getting professional support both financial and organizational for these people is not fiduciary. It's professional business.

Micah - one other thing you are missing. When this industry get regulated. And when they devise a test like the nmls, and when licensing is required, and an ethical declaration is demanded, almost all of you will fail because you will be required to perform in a way that is in the best interests of the client.

I went through that in the mortgage industry and 95% of the brokers went out of business. The same wll happen in this industry. Expand your offerings, grow or die.