Originally Posted by Professor
These representatives tend to operate like vultures and, stereotypically, love to wear down the uninformed and the aged.
Well, thank goodness none of that applies to me!
My FIL occasionally receives Schwab's invitations and we get Business Week or Fidelity invites every year or two. To begin with, they're held in places that I'd never be allowed into normally visit, and the architecture/decor/views are impressive. You can't just wander into our local convention center to look around, but when you're carrying an invitation (like Wayne & Garth's backstage passes) then you can explore just about averywhere.
It's quite educational to attend these "free" events to learn more about crowd investor psychology and marketing to the blissfully ignorant. We enjoy figuring out the logic & math fallacies in the presentations and, if a rep strikes up a conversation with us, to ask more pointed questions about their products. When we start to compare their offerings to a diversified ETF portfolio, they lose interest in the discussion and we get to enjoy our meal in peace.
It's also a good personal checkup. If you see a bunch of your investments up on their screens, then it's time to take a hard look at your portfolio...