We regret the harm and inconvenience that Wells Fargo’s customers suffered during their recent debacle and we, at MFA, sympathize with all so affected.
This episode illustrates the inherent conflicts of interest that exists when non-independent financial institutions’ operating policies, such as compensation to its employees, aren’t aligned with those whom they are supposed to serve and protect. One of the major reasons MFA has been ranked as one of the top firms in the San Francisco Bay Area by TWO independent financial publications is because our independence allows us to align with our clients’ interests. If you, or if you know of anyone, who’s concerned about this topic, please feel free to contact us for a chat.
Sources: http://www.advisoryhq.com/articles/top-san-francisco-financial-advisor-the-best-asset-managers-in-san-francisco-ca/ ; http://www.investopedia.com/articles/professionals/092215/6-best-financial-advisors-san-francisco.asp