Investment advisor Adrian Day warns gold prices will collapse if Fed raises rates by 100bps
However, their compensation structure is such that they are bound by the contracts of the companies where they work. An advisor is any person or company involved in advising or investing capital for investors. Check out their certifications as well, and be sure you understand, agree with, and can afford their fee structure. Also, investigate their regulatory history with your state regulatory agency, FINRA’s BrokerCheck, and the SEC’s Investment Advisor Public Disclosure database. The average base salary of a financial advisor, according to Indeed.
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