Tony Robbins: Unshakeable
Tony Robbins recently released his latest book on investing and financial planning called Unshakeable: Your Financial Freedom Playbook. This is a much better book than his first book on investing called ...
Wells Fargo Incentive Structure Leads to Epic Scandal
By Christopher M. Jones, CFP® | Published: September 13, 2016If you have been reading the financial news lately, you have probably heard about the recent Wells Fargo scandal. Employees of Wells Fargo had an internal goal to sell “at least eight financial ...
Tony Robbins promotes fiduciary model
By Christopher M. Jones, CFP® | Published: May 10, 2016Tony Robbins's book "MONEY: Master the Game" has met with mixed reviews. Some critics believe it is contradictory and confuses readers, while others believe Robbins's book moves the ball in the right direction. One thing is for certain, it is increasing inquiries to fiduciary financial advisors.
New Ruling Holds All Financial Professionals to a "Fiduciary Standard"
By Christopher M. Jones, CFP® | Published: April 6, 2016The fiduciary standard is receiving significant press in light of the U.S. Department of Labor’s (DOL) approved expansion to the “investment advice fiduciary” definition under the ...
Do You Need a Financial Advisor?
By Christopher M. Jones, CFP® | Published: March 31, 2016“It’s the best check my wife writes every quarter.”
That’s what Professor Ken French says when asked why someone like him would need a financial advisor. French is the head of ...
The Seven Roles of an Advisor
By Jim Parker | Published: May 6, 2015What is a financial advisor for? One view is that advisors have unique insights into market direction that give their clients an advantage. But of the many roles a professional advisor should play, soothsayer ...
How to Avoid the Next Madoff (especially if you work with a financial advisor)
Published: September 2, 2014Over five years ago, Bernard Madoff was sentenced to 150 years in prison for scamming many investors–both novice and expert–out of billions of dollars. It surprised me that so many experienced ...
Investors expect too much of brokers and insurance agents
Published: September 30, 2010Three of four investors have unrealistic expectations of the level of care that financial advisors at brokerage firms are required to give. Seventy-six percent of investors said “financial advisors” ...
Why intelligent people fell for Bernie Madoff’s Ponzi scheme
Published: February 28, 2009The Ponzi scheme run by Bernard Madoff may have cost his investors some $50 billion. For many, the big question is how could seemingly sophisticated investors be so stupid? Even more important, what lessons ...
Treat television financial ‘experts’ with caution
Published: June 30, 2005Paul Kangas, host of the Nightly Business Report, was interviewing New York City investment adviser Todd Eberhard in December 2001:
Kangas: “What should we be buying?”
Eberhard: “Well, ...