My second QuantiaMD presentation for this Spring is entitled “Is Your Financial Advisor Ripping You Off?” This is a great introductory piece, less than 10 minutes, designed for those who don't already know how the financial advisory industry is compensated. The first comment that was posted on it cracked me up:
This was a fantastic presentation. That being said I now realize I am being ripped off by my financial advisors. Thanks.
Apparently some people have used these presentations as podcasts in the past and listened to them in the car. If you're doing this, be safe! You might inadvertently run over somebody's dog after you find out how much you might be overcharged compared to your peers!
These presentations are audiovisual presentations, usually 10-15 minutes long, with powerpoint slides and my voice. If you want to sign-up for QuantiaMD, I think that's great. Please note that I referred you as it gives me some “Q-points” some of which I can convert to Amazon gift cards and use for Christmas presents. You have to be a health care professional of some type to sign-up. However, if you are not, don't let that stop you from watching the presentations since you won't be asked to sign in until the end of the presentation.
If you are a relatively new reader of this site, you may have missed the previous series. Here are the links:
#2 Student Loan Management (This one is probably outdated thanks to RePAYE, but there is still some good stuff in there.)
# 8 Asset Protection
Check out “Is Your Financial Advisor Ripping Your Off?” and then come back and let me know what you thought.
What do you think? Have you ever been ripped off by a financial advisor? Was the problem that you were getting bad advice, or just that you were paying too much for good advice? Comment below!