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Sunday, August 16, 2015

Financial security

The Dirty Secrets Financial Advisers Hope You Don't Find Out


Bobby Monks, who lives in Portland, Maine, is co-author of "Uninvested: How Wall Street Hijacks Your Money and How to Fight Back."The financial services industry is full of dirty secrets that your money managers and advisers hope you don’t ever find out. So claims Bobby Monks, a serial entrepreneur, founder of Atlantic Bank and the former chairman of Spinnaker Trust, overseeing more than $1 billion.
Monks and his co-authors reveal the shocking ways Wall Street takes advantage of unsuspecting investors in their newly released book. “Uninve$ted: How Wall Street Hijacks Your Money and How to Fight Back” includes his own research and interviews with billionaire investor Carl Icahn, Vanguard founder Jack Bogle and former congressman Barney Frank, a driving force behind major Wall Street reforms, known as the Dodd-Frank Act.

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