Financial Advisors v. Insurance Agents: Does One Want to Scam You?

A financial advisor and an insurance agent may sell similar products, but they can have very different motives. The worst agents will be beholden to their company's profit margin more than they are to your financial wellbeing. Although the distinction between the two professions is porous, there is a general rule thumb for understanding who does what: "The financial advisor has a more comprehensive view of the client's situation and is tasked with helping the client achieve one or more defined f...