Financial Wolves in Sheep’s Clothing
Description
Click below to listen to Episode 231 – Financial Wolves in Sheep’s Clothing
Financial Wolves in Sheep’s Clothing
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Check out some of the top signs to look for in predatory financial advisors aka wolves in sheep’s clothing.
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Have you ever been approached by someone offering financial returns so great that it must be too good to be true? Bob and Shawn discuss the patterns and tactics that these financial wolves may use to lure you and your finances into unwanted territory. Some of these tactics include the ever famous “free, luxury steak dinner” to entice you and peak your interest.
However, these financial advisors can be just like “wolves in sheep’s clothing” when it comes to their manipulative tactics that they use. Many of the products they promote are rarely benefiting the consumer, and they actually benefit the advisor more than the client. When you begin to look through the minefield of promises that really sound too good to be true (because they usually are), you begin to see a pattern.
HOSTED BY: Bob Barber, CWS®, CKA®
CO-HOST: Shawn Peters