Man o man I am still kicking myself to have even met with that FA about Social Security, knowing it would be a sales pitch I didn't need or want. Good thing is that prior to the meeting I came to terms with my decision regarding filing for SS.
But I still feel like an idiot to have wasted any time with that guy. Based on my experience, as well as so many others' I have read about, I think a law should be passed that forbids the job title of "Financial Adviser."
Rather, require them to be called Financial Salesman. When one goes into a car dealership, one doesn't meet with a "Transportation Adviser," one meets with a ......salesman. You know, going in, the person will try to sell you a car at a price most advantageous to the dealership and salesman.
At least if the person was required to be called a Financial Salesman, the other person knows right off the bat the "Salesman's" true objective. And maybe just maybe some of the people who can least afford it and are less savvy have a slightly better chance of resisting the sales pitch.
I promise I won't make any more posts about this, but it was sticking in my craw. Thanks for letting me vent!
But I still feel like an idiot to have wasted any time with that guy. Based on my experience, as well as so many others' I have read about, I think a law should be passed that forbids the job title of "Financial Adviser."
Rather, require them to be called Financial Salesman. When one goes into a car dealership, one doesn't meet with a "Transportation Adviser," one meets with a ......salesman. You know, going in, the person will try to sell you a car at a price most advantageous to the dealership and salesman.
At least if the person was required to be called a Financial Salesman, the other person knows right off the bat the "Salesman's" true objective. And maybe just maybe some of the people who can least afford it and are less savvy have a slightly better chance of resisting the sales pitch.
I promise I won't make any more posts about this, but it was sticking in my craw. Thanks for letting me vent!