Have you ever met with a financial advisor only to leave an hour later more confused than when you sat down? Or did the advisor spend the entire time communicating in jargon and financial terms (beta, alpha, pie chart, draw-down, inverted yield curves, etc.)? Maybe you watched or heard a commercial that seemed to good to be true? Either way, you were on the receiving end to what I call Broker Speak.
I created Broker Speak for one reason... to give you a fighting chance. I have seen commercials from wealth managers that were outright misleading. I have listened to a collegue violate every tenant and directive of sales supervision to sell a product. I have witnessed managers manipulate planning numbers to create a need for a client just to sell life insurance. In my two plus decades I’ve seen enough so I decided to create Broker Speak to give you a fighting chance.