Gary Allen on Business – Northern California Workshops

How Most People Feel About the Financial Services Industry

Dan Ackroyd


The reality? 

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! 




Gary Allen on Business – Fourth Quarter Market Review Presentation Available

Financial Jungle

Financial Market Review (4th Quarter, 2014)

Often people will ask me, how did the market do this quarter? Keeping score is one of the more difficult things for people to do.  When someone asks how did the market do, there is a simple answer but it only scratches the surface of the right answer in my opinion. It is not as simple as looking up at the scoreboard and noticing the Patriots are beating the Seahawks.

Keeping proper financial score requires forethought about what is important to you. Ultimately, all that should matter to you is how are you doing towards achieving your financial goals. But the world is still fascinated by the concept of beating the market. My opinion on that is who cares! More bad financial decisions have been made by people trying to beat the market.


Of course, the market is still a yardstick, but it should not be the holy grail of profit only if you beat it. Another major problem for people is comparing their results to their friends, family and business associates. That is a very dangerous pastime as well. Just worry about how your doing and you will better off for it.

However, I do understand the fascination about keeping up with how financial markets have done. It is the heart and sole of benchmarking the investments you have. You do need to look at the indices in order to determine how your investments have done compared to the market and its peers.

Market Review

I have linked a quarterly report for the fourth quarter of 2014 to give you an example of one. It contains some slides reviewing financial markets as well as a voiceover explaining in simple terms what happened. Let me know if this is something worthwhile to share with you on a regular basis.

Have a prosperous week!


The Power of Markets

I want to share with you this week a short but informative video that does a good job of explaining why financial markets do a pretty good job of getting the price reasonably right. The collective wisdom of the stock market is explained very well in the video through the use of jelly beans.

Of course, financial market prices gyrate all the time, but that is primarily the direct reflection of new information becoming available. What is quite different from a hundred years ago or even twenty-five is how quickly this new information is disseminated. It would be hard for someone to argue that financial markets are less efficient than they used to be. It also explains in practical terms, why financial markets are so hard to predict. Enjoy the video.

This 2-1/2 minute video explains how security prices are set—and change—based on the collective knowledge of buyers and sellers. Armed with this information, investors can be more confident about the power of the financial markets.

via The Power of Markets.