Financial Advice For a New 2nd Lt / Ensign

Ramsey pushes funds that are high fees and he also pushes his affiliate sellers. I wonder if Ramsey gets a kick back? “ Money doesn’t grow on fees.” Fees flatten the TMV curve.
According to a blog I have read, Ramsey affiliates are NOT required to be fiduciaries, and do have to "pay to play" to be referred by Ramsey. I cannot confirm this for certain, but I have read this in other articles as well.

As a CFP(r) practitioner, my opinion is that ANY celebrity financial guru who espouses blanket advice (one size fits all) should be scrutinized with a boulder of salt.
 
Last edited:
According to a blog I have read, Ramsey affiliates are NOT required to be fiduciaries, and do have to "pay to play" to be referred by Ramsey. I cannot confirm this for certain, but I have read this in other articles as well.

As a CFP(r) practitioner, my opinion is that ANY celebrity financial guru who espouses blanket advice (one size fits all) should be scrutinized with a boulder of salt.
How about a whole caravan of Salt?


Don't get sideways with these guys.
 
Back
Top