Many readers of this blog contact me directly with questions and comments. While often the responses are very specific to a particular circumstance, occasionally the subject matter is general enough that it might be of interest to others as well. Accordingly, I will occasionally post a new "MailBag" article, presenting the question or comment (on a strictly anonymous basis!) and my response, in the hopes that the discussion may be useful food for thought.
In this week's MailBag, we look at a question about why "advisor review sites" - which aim to gather client reviews about advisors to help consumers choose a good one - just won't work in the financial advisory world anytime soon... as great as it would be to have a consolidated source for financial advisor reviews to help consumers!