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Friday, September 06, 2019 3:51:57 PM
Sorry, but this sounds a lot like the Investors Unite unapologetic "don't blame us" argument to shareholders that bought investments that just tanked.
"Wealth Management" includes Fiduciary Responsibility for the impact of advisor recommendations on the clients that trade on such basis.
When you are wrong, YOU are accountable for the bad outcome and you OWN the negative result. Whether that impacts your reputation and advisor status, or not.
ACG Analystics just set themselves up as a failure in counsel to clients and a vastly diminished investor guide for future customers. No mea culpa, just a "blame-shifting" moment to conceal their own ineptitude.
JMO.
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