Investing and Wealth Creation in a Rigged System Titelbild

Investing and Wealth Creation in a Rigged System

How to Invest Wisely Amidst Conflicts, Hidden Fees, and Biased Advice

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Investing and Wealth Creation in a Rigged System

Von: Billy Desai MBA CFA
Gesprochen von: Terry Silverthorne
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Understand the deep-rooted problems of a conflicted industry:

  • History of the Wealth Advisory Industry
  • Conflicts of Interest: Commissions and hidden fee shares
  • False Fiduciaries
  • Inefficient Asset Allocation Models: Constrained scope and inefficient portfolios
  • Overlooked Asset Classes
  • AUM, an illusion of quality
  • Unqualified Advisors: CFPs are not true investment professionals
  • Financial Plans on Unstable Portfolios
  • Lack of Data Analytics: Heavy reliance on subjective stock picking
  • Fees Prioritized Over Clients
  • Hidden Costs: Mutual funds and other high-fee products
  • Annuities: A misleading sense of security
  • Lack of Independent Thinking
  • Institutional vs. Typical Portfolios: Examples of institutional investment philosophies
©2024 Billy Desai (P)2024 Billy Desai
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