Section 8.1 Consumer Rights and Choosing Financial Professionals

Section 8.1 Focus

In this section, you will explore the fiduciary standard and strategies to being a smart consumer. We focus on consumers' rights, why it's important that financial advisors follow a fiduciary standard, ways that financial advisors are compensated, and  some strategies to select a financial professional.

Read

Watch

These video cover issues about financial scams, big banks, and other consumer factors to consider.

5 Biggest Financial Scams (And How To Avoid Them) | Two Cents (PBS)

Are Credit Unions Better Than Big Banks? | Two Cents (PBS)

Explore

Throughout your life, it will be important for you to hire trustworthy financial professionals who can help you holistically plan your financial life. Use the following websites to explore the profiles of financial planners that meet the fiduciary standard: