Due Diligence

Are you dealing with an advisor or a distributor?

Lokeshwarri S K
Tom Wang/shutterstock.com
Tom Wang/shutterstock.com Tom Wang/shutterstock.com

As the distinction gets blurred in mutual funds, some guideposts to help you differentiate

When you buy shares of a company in the secondary market, you do it through a stock broker; when you buy insurance or pension products, you go through an agent. These intermediaries work for the brokerages or commission they earn, either from investors or from the company whose products are sold through them. Things are simple in these segments.But once you get into mutual fund investing, the conf...