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Happy 4th of July and welcome to the Peaceful Wealth Radio Hour.  In today’s show, R. Scott Maxwell, MBA, wealth and income solutions expert at Talis Advisors and recently named a Five Star Wealth Manager: Best in Client Satisfaction for the Dallas/Fort Worth area by Texas Monthly magazine and Brent Everett, Chief Investment Officer at Talis Advisors:

1. Review the human toll and red warning flags of the Bernard Madoff and Allen Stanford scandals
2. Share the thoughts of John Bogle, founder of Vanguard, on the essential lessons all investors must understand to avoid the industry-wide  scammers and schemers waiting to rob you of your wealth
3. Explain why Dimensional Fund Advisors  (the family of funds Scott and Brent use to design client portfolios) had net cash inflows of $6 Billion in 2008, the benefits these net cash inflows offer to investors in the exclusive DFA funds and how they compare to the hundreds of  billions of  net cash outflows from retail mutual funds in 2008
4. Define the meaning and explore the value of the top three financial services certifications - CFP, PFS and CFA
5. List and discuss the alphabet soup of other designations, including CFS, ChFC, CMT, CLU, CASL, CRPC, CRPS, FLMI, FSS, LUTCF.  Scott and Brent also explain why “alphabet soup” designations cause confusion, can signal a product focused bias, offer little value when judged without considering the broader context of a client centered fiduciary standard, investment philosophy and fee structure and why “alphabet soup” designations face increased scrutiny and restrictions because of their often misleading use as a marketing tool
6. Expose how 95% of the 250,000 “Financial Advisors” in the marketplace misrepresent their true allegiance, including the distasteful practice of viewing prospective clients as a “Buying Unit.”
7. Discuss a Harvard Business School analysis of the painful costs investors bear when they misplace their trust
8. Share the current and conflicting stock market and economic forecasts of Comstock Partners, Jack Schannep, Tim Wood, Jim Cramer, Carl Swenlin, Dan Sullivan, Warren Buffett and Jeremy Siegel
9. Analyze the startling statistics behind market forecasts
10. Define exactly how investors should view market and economic forecasts on their journey to Peaceful Wealth

This entry was posted on Saturday, July 4th, 2009 at 6:00 pm and is filed under Peaceful Wealth Radio Hour. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.