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My dad's broker buddy in Tampa just said 'a bank's loyalty ends where their profit begins' and it's stuck with me.
He was talking about how his firm moved a client's 401k rollover last minute after their bank of 15 years offered a fund with a 2% higher fee than the market rate.
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jake_chen1mo ago
Sounds about right for that whole world, lol.
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the_jennifer1mo ago
That whole world is why I just stopped trying.
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