“Everywhere there’s a large commission, there’s a high probability of a rip-off.” Charlie Munger Brokers work for whoever is cutting them a check. This iron law of finance is indisputable. Selling health insurance plans serves as Hiroshima to the Nagasaki of broker-pushed financial products; these are the twin ground zeros for financial exploitation. NPR recently disclosed conflicts…

We love helping young people with their finances. When they’re military veterans, all the better. Our North Star is serving those who serve. Nurses, police, firefighters, and an army of teachers top the list. We had the pleasure of meeting a terrific young couple; Marine Corps veterans who were looking for fiduciary advice but were…

Wall Street helped the Allies finance their World War ll triumph.  As usual, they hedged their bets. J.P. Morgan assisted Germany’s rebuilding after The Great War. Morgan’s Thomas Lamont spearheaded the renegotiation of reparation payments and organized other Wall Street banks to bail Germany out with loans. It didn’t stop there. Along with other New York bankers, Lamont…

“Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.” If teachers don’t understand why having an expensive annuity in their 403(b) is a horrific idea, how can we expect them to teach our kids about money? We may have found…