All financial advice is not the same. For far too long, the leaders and lobbyists of the largest financial services companies have intentionally confused the public about what is or isn't advice. Do most financial professionals give advice? Yes. Are they all willing to take legal responsibility for that advice? No.
On February 2nd, 2018 our firm was featured in the New York Times along with the 600+ other advisory firms associated with the XY Planning Network. Our firms are changing the way the industry approaches clients and changing the industry at the same time. Here is an excerpt from that article along with a link to the full column by Ron Leiber, Your Money columnist for the New York Times.