2. Lack of Trust
"There's always been knowledge that some of the broker-dealers don't have the investor's best interest at heart. I've had some individuals in my office say that they take advantage of client flow for proprietary trading."
— Arun Kaul, managing principal and chief investment officer for Olympian Capital Management.
Source: Advanced Trading
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio