Over the years I have written a great deal about the various problems in my industry. I have discussed the flawed structure of the retail brokerage world, the lack of training of the vast majority of “financial advisers,” the layers and layers of fees, and the conflicts of interest. I also have discussed the psychological…
First and foremost let me say that our thoughts and prayers are with the people of Japan who continue to suffer in this awful tragedy. I know I have shared this story with many of you before, but any time my job forces me to focus on what is often the cold, hard reality of…