A financial industry veteran exposes how retail investors are kept in the dark — and what to do about it.
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
Five uncomfortable truths Wall Street doesn't want you to know.
Financial advisors receive far more sales training than investment training — their job is to win your trust and your assets.
Advisors are fired for failing to bring in enough clients and fees — never for poor investment performance.
The industry is structured so that what's profitable for the firm often comes at the expense of the investor.
Most investors never receive true, risk-adjusted, benchmark-compared performance data on their portfolios.
Billion-dollar marketing campaigns are designed to steer you toward advisors who benefit the firm — not you.