“Consumers are not equipped to make these choices. Information asymmetry has been used as a weapon against them for decades.” Josh Brown Some large insurers have created the nitroglycerin of investment products – The Buffer Annuity. This monstrosity of complexity is a variable annuity that does not use mutual funds in its sub-account. Instead it places…
February 2017
The Meryl Streep Of Financial Salespeople
Imitation is supposed to be the highest form of flattery. This is not the case when your supposed “financial advisor” decides to imitate you! It is an established fact that financial salespeople selling high-fee variable annuities do not act in their clients best interests. They often walk on the wrong side of morality in order…