New Financial Products: Separating the Good From Potential Blow-Ups
Mar 24, 2008
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By Elaine Floyd, CFP ®
Innovative financial products can be very appealing to a client needing to better hedge his risk or earn higher returns. But without a track record, you don't have much to fall back on. Protect yourself and your clients by asking these questions of product sponsors and educating clients as to the possibilities and pitfalls of investing in something new.