Wealth Management: The Best Commercial of All Time
Posted By Norb Vonnegut on March 3, 2010
The Perfect Husband
Hands down. This is the best ad I have ever seen for financial services.
Yikes.
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The Wild Wild World of Wealth |
Posted By Norb Vonnegut on March 3, 2010
Hands down. This is the best ad I have ever seen for financial services.
Yikes.
Posted By Norb Vonnegut on March 3, 2010
In case you missed Matt Lauer’s interview with Harry Markopolis, here it is. Markopolis is the money manager from Boston who met with SEC four times and tried to expose Madoff’s Ponzi scheme. He said some terrific things during the interview and some that give my pause:
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Look, Markopolis is pitching his book. I bought it, look forward to reading it, and hope to post a review here sometime in the next month.
Posted By Norb Vonnegut on February 28, 2010
As a stockbroker, I warned clients about “predators and creditors.” Let’s face it. We live in a litigious world. Get in a car wreck, and your assets may be attacked. Homes. Family businesses. Savings. And predators aren’t restricted to collisions on the highway. There’s always the altar.
Is asset protection some kind of euphemism for stiffing banks? No way. It’s more about planning before you borrow the first dollar, about defining what assets are available to lenders if things go bad. Better to work out these details in advance. Negotiations can be one-sided as creditors bear down during duress.
Asset protection is so important that I referenced a few techniques in my novel. Here’s how Grove O’Rourke, the fictional hero of Top Producer, describes asset protection to one of the budding stockbrokers at his firm:
Prenups, offshore trusts, ways to avoid gold-digging litigation raptors.
But wait. Offshore trusts sound complicated, not to mention expensive. Do I need asset protection if my resources are…well…modest?
Offshore trusts aren’t the only way to protect your assets. This Thursday, Ike Devji will guest blog on Acrimoney. He’s put together a list of ten, no-nonsense actions that every investor, every family should consider. They’re terrific action points, and I encourage you to check back.
For the record, Ike was named among WORTH magazine’s “Leading Wealth and Legal Advisors” and was recognized by the Financial Planning Association of America’s Academy of Financial Services for his educational work in this area. I’m thrilled he will be guest-blogging on Acrimoney.
Ike will field questions this Thursday, so make sure to ask yours.