There is an entire universe of investment choices out there.
Wouldn't it be nice to have access to them all?
They call it “revenue sharing”. We call it a “kickback”. You can call it whatever you want, but if your advisor is employed by a bank or brokerage, your investment choices may be limited to those that pay-to-play with his employer.
And it very likely costs you more, because pay-to-play fees come out of your pocket one way or another.
Recently, Vanguard - one of the most popular, low-cost fund families - refused to participate in this pay-to-play culture, so Merrill Lynch and Morgan Stanley dropped Vanguard from their platforms and stopped compensating their financial advisors for recommending these world-class funds to their clients.
At FirsTrust, we believe there is NO reason for you to be held hostage to expensive investment choices.
TRUE independence means the unrestricted freedom to evaluate,
compare & obtain investments from anywhere in the world ...
... and the technology to monitor everything you own,
on your secured Personal Financial Website
It's what WE would want if WE were the client.
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