This article rings so true for me. When I entered financial services as an adviser, I did so from a background in financial journalism. I guess that put me ahead of the pack, somewhat, but I am continually amazed at how little advisers know about economics and, more importantly for their clients, the CURRENT economic climate. They are taught and told to increase their commission income, so it stands to reason that whatever they do for a client, they do for themselves, first. Perhaps fee-for-service will level the playing field; I don't know. I do know that far too many clients are being poorly serviced.