I agree in part.   Unfortunately,there are people in my industry who I would not trust with the loose change in my pocket.   They are unethical and are more interested in how the client interaction benefits them rather than the person(s) sitting across from them seeking guidance and advice.    These are the people who give career advisers a bad name.    I have said for decades that this is perhaps the most loosely regulated professional industry in Canada.     For example, a dish washer with zero experience in the financial market can get sponsored by an investment firm, write the IFC exam (2 hours) and immediately advertise himself as an investment advisor.    I see client statements on virtually a daily basis where the client has been exposed to unnecessary volatility and risk in pursuit of a mythical investment return that borders on fantasy.    Crackdown and criminal prosecution of these charlatans is overdue......the client deserves better.