Are mutual fund wholesalers and advisors under-stressed and overpaid? Well, the folks at U.S. News & World Report seem to think so.
According to the pub, wholesalers earn a media salary of $109,000 by trying to make their offerings seem best among retirement plans but skepticism is an occupational hazard in this job. Also, advisors who earn a median salary of $111,000, sometimes hawk products on behalf of favored financial firms or advocate active trading, which racks up fees, rather than more proven buy-and-hold strategies.
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