The Book Wall Street Doesn't Want You to Read

A financial industry veteran exposes how retail investors are kept in the dark — and what to do about it.

Wall Street's Grand Deception — Book Cover

What Readers Are Saying

Praise from industry experts and leading book reviewers.

Impressively informative, exceptionally well written, expertly organized, and thoroughly reader friendly in presentation...
— Midwest Book Review
Wall Street's Grand Deception provides a clear and concise explanation of the potential conflict of interests and other pitfalls an investor faces when employing a financial advisor. If you are using or plan to use a financial advisor, read this book.
— Jack Schwager, Author of the Market Wizards series

What the Book Exposes

Five uncomfortable truths Wall Street doesn't want you to know.

1

Advisors Are Trained to Sell, Not Perform

Financial advisors receive far more sales training than investment training — their job is to win your trust and your assets.

2

No One Gets Fired for Poor Returns

Advisors are fired for failing to bring in enough clients and fees — never for poor investment performance.

3

Conflicts of Interest Are Systemic

The industry is structured so that what's profitable for the firm often comes at the expense of the investor.

4

Performance Reporting Is Deliberately Opaque

Most investors never receive true, risk-adjusted, benchmark-compared performance data on their portfolios.

5

The System Makes It Hard to Find Good Advisors

Billion-dollar marketing campaigns are designed to steer you toward advisors who benefit the firm — not you.