The correlations of professionalization and compensation sources with the ethical development of personal investment planners

Authors

  • Kenneth S. Bigel Adjunct Associate Professor, New York University, 200 West 15 Street, #5–A, New York, NY 10011-6539, USA K. Bigel & Co., Director (New York City-private investment management firm)

DOI:

https://doi.org/10.1016/S1057-0810(99)00022-0

Keywords:

Compensation Sources, Professionalization, Ethical Development,, Financial Planning

Abstract

Recent controversies concerning personal financial planners, and investment planners in particular, have centered around two issues: competence and ethics. This paper has focused on the ethical development of a sample of investment planners in connection with the correlative roles of professionalization and compensation sources. Certified Financial Planner designees were found to manifest higher ethical development scores than non-Certified Financial Planner designees. Fee-based planners manifested no significantly different ethical development scores than their counterparts. Other demographic variables were also studied. © 1999 Elsevier Science Inc. All rights reserved.

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Published

1998-12-30

How to Cite

Bigel, K. S. (1998). The correlations of professionalization and compensation sources with the ethical development of personal investment planners. Financial Services Review, 7(4), 223–236. https://doi.org/10.1016/S1057-0810(99)00022-0

Issue

Vol. 7 No. 4 (1998): Financial Services Review

Section

New Original Submission

License

Copyright (c) 1998 JAI Press Inc.

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