The truth about financial planning

There seems to be a trend these days in financial planning. Consumers are playing the role of Tom Cruise’s Lt. Kafee in the classic movie, A Few Good Men, and demanding answers – answers they feel they are entitled to.

The broader financial industry has always played the role of military veteran, Jack Nicholson’s Col. Jessep, sternly telling us, “You can’t handle the truth! We live in a world that has walls and those walls need to be guarded by men with guns. Who’s gonna do it? I have a greater responsibility than you can possibly fathom.”

Thankfully, there are feisty lieutenants like Jonathan Chevreau, Gail Vaz-Oxlade and Jim Yih who are standing up to their superiors and trying to ensure that the jury – you – hears the truth and nothing but the truth.  read full article