If you want to travel to beautiful resorts for free, become a financial adviser.
Later this month, three dozen advisers will spend three days at the Ritz-Carlton Hotel in Marina del Rey, Calif., all expenses paid. Next month, about 75 wealth managers will spend four days and three nights in Mexico City, staying at the Four Seasons Hotel and dining at lavish restaurants like Cipriani and Nobu. The advisers won’t have to pay for their airfare, hotel, meals or entertainment.
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This article was originally published on The Wall Street Journal.
Further reading
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Devil’s Financial Dictionary
Benjamin Graham, The Intelligent Investor
Zachariah Sharek, Robert E. Schoen, and George Loewenstein, Bias in the Evaluation of Conflict of Interest Policies
Sunita Sah and George Loewenstein, Nothing to Declare: Mandatory and Voluntary Disclosure Leads Advisors to Avoid Conflicts of Interest