Tied selling occurs when corporate relationships are imposed upon clients which limit their choice of products and prevents access to those of their competitors.
For example, some financial advisors require clients to buy products exclusively from their own organization and forgo some of the world’s best third-party mutual funds.
Investors may find themselves severely limited in their choice of funds and often can be charged higher fees. They can even be penalized with locked-in charges if they prefer to exit this narrow range of products and diversify into competitors’ funds.
Professional financial advisors must have complete independence to advise you and select the best investment products for your portfolio. They require objectivity to act in your best interests by performing extensive due diligence on each mutual fund that will comprise their professionally designed portfolios.
Our team independently evaluates competing mutual funds and invests with brand name fund managers who have proven they deserve to manage your money.
