Robobias
PsyFi Search Wednesday, 17 February 2016 Robobias Advisors’ Suck There’s a new class of financial intermediary in town: the robo-advisor. As I understand it, the human advisor’s financial knowledge is sucked out of their brains and up-loaded into a machine. So, that shouldn’t take very long then. But humans being the clever creatures that we […]
So, What IS the Point of Financial Advisers?
PsyFi Search Monday 23 June 2014 So, What IS the Point of Financial Advisers? Conflicted Consumers of environmentally friendly products are more likely to steal; and advisers who disclose their conflicts of interest are more likely to do the same – although they’ll call it something different, of course. Performing a morally good action will […]
Disclosure Won’t Stop A Conflicted Advisor
PsyFi Search Thursday 17 September 2009 Disclosure Won’t Stop A Conflicted Advisor Monetary ConflictsNowhere are conflicts of interest quite so common as in the financial industry. Accountancy firms want to provide consulting services, credit rating agency employees want to work for security analysis firms, independent security analysts need to ensure their recommendations don’t lose their […]