How Most People Feel About the Financial Services Industry
I wish I was only talking about sleazy salespeople from a classic Saturday Night Live skit, but sadly, that is not the case. Too often people have been taken advantage of by salespeople in the financial services industry that are not as easy to spot as the famous characters above.
Over the past 18 years I have heard so many horror stories from my KNBR listeners about their situation. Often there is a common theme of expensive or inappropriate financial products often sold by people they don’t trust. The road is littered with expensive products, high fees and outrageous commissions that have damaged the financial future of many people.
I happen to believe that most people are interested in a straight-forward, transparent relationship that is free of conflicts of interest and always in their best interest. Most financial advisers fail to deliver on these basics and rely on greed and fear to sell products.
For 18 years I have been on KNBR personally delivering straight-talk without the B.S., talking about business and investment issues that matter to most people. I want to thank my listeners for making my program so successful and popular over the years. Many people have asked why I don’t do workshops for people around the Bay Area. I have had a number of reasons not to, but after so long, I have run out of excuses not to provide them.
However, I will not compromise on my integrity and my commitment to provide my listeners with straight-talk and no B.S. So my workshops will have a very different feel from the usual provide food, sell something hard and then sell it some more events that people in my industry use to take advantage of you.
I will deliver education and information just like I do on my radio program. At the end of the event I hope you have a better understanding of how I think you should invest and take care of your financial life. If you would like to meet me I would enjoy meeting you as well. If you want to know what my firm does and how we help people that’s fine too. But you will never and I mean never get a hard sales pitch from anyone I work with. We educate people and give you the opportunity to make your own well-informed decisions. It is your money and your life!
One of my concerns is a lot of people might sign up for the event and then for whatever reason not attend. This means other people who would like to go cannot. It also makes it very hard to manage from a numbers standpoint. As I thought about this, just like magic, one of my listeners provided me with a great idea.
Instead of making it a free event like I planned, we will charge a nominal fee for the event and then donate every penny to charity. Each event will have a fee of $10 for an individual or $15 for a couple. And no we will not be checking to see if the couple is married, living together or whatever. Just sign up and come. Thank you Ed from Palo Alto!
I need your help. Where should I hold the workshops? Please help me out by using the form below to get on our workshop list and to let us know where you would like to see one held. By the way, please share this with your friends. Thank you in advance for helping me on this and I look forward to meeting all of you in person after all this time!