I know that sounds harsh but:
The financial industry is just Big Pharma in nicer suits.
Think about how Big Pharma works:
-They fund the research.
-They shape the studies.
-They market the results.
And magically, the conclusion always supports the product they’re selling.
The big-box financial industry works the exact same way:
-Advisory firms pay for the research.
-The research supports their products.
-Advisors are handed polished charts, selective data, and fear-based talking points—and told to sell “protection.”
And just like pharmaceuticals, the product is almost always positioned as necessary, safe, and in your best interest.
Here’s the part that really bothers me:
Many advisors sell products to clients that they don’t buy for themselves.
If the protection is so valuable, why aren’t they paying for it personally?
The truth is, no one in this industry makes money unless someone moves their money.
And fear is the fastest way to make that happen.
That’s why the entire system is built around market crashes, worst-case scenarios, and emotional pressure.
There is a better way. And that’s why I started Jones FWM.
Grab a time on my calendar to see how we can help.
Click HERE.
About the author
Founder of Jones Fiduciary Wealth Management. He spent nearly two decades on the legacy side of the industry before building a fee-only fiduciary firm where the tax strategy comes first and the portfolio follows. Author of UnBrainwashed Investing.
