It gets so much worse than that. Think you can trust your financial advisor? Think again! It depends entirely on the product they may be pushing. A fiduciary can act as a non-fiduciary to benefit themselves exclusively in some cases.

For example, some insurance agents are required to act as a fiduciary for some products. But not others. So they can pivot and trick people who, for good reason, think the agent is still required to act in the customer’s own best financial interest.

Our system is setup such that the working class is easily stolen from entirely for the benefit of the wealthy. By design. And they use us against each other to accomplish the pilfering.