Why is the Wealth Management Industry On the Brink of Disruptions?




Live Abundant Radio with Doug Andrew show

Summary: Would it surprise you to learn that the wealth management industry is ripe for disruption? Here's the kicker, disruption can actually be a very positive thing that leads to refinement and improvement. In today's episode, Doug goes over some of the reasons he believes the wealth management industry is due for a shakeup that could leave it better off in terms of helping its clients enjoy greater liquidity, safety of principle, and rates of return. This, in turn, could spell out a brighter, more stable future for those who are working hard to ensure they have a long and happy retirement. Here’s a quick preview of what Doug covers in this episode: * What are the biggest reasons for the coming disruption in the wealth management industry? * Learn why certain age-old assumptions, like being in a lower tax bracket at retirement or that the best place to save for retirement is in a 401(k) or IRA, are falling by the wayside. * What is the Dept. of Labor Fiduciary Rule and why does it threaten new shakeups? * Why do so few people understand how to get the greater liquidity, safety, and rates of return that they want? * Doug explains why he allowed his various licenses to expire back in 2005 and his transition from financial planner to unstoppable consumer advocate. * What is the increasingly common line of thinking that's fraying the fabric of our society? Learn how you can avoid falling into its trap. * And much, much more… Start by <a href="http://liveabundant.com/free-analysis/" target="_blank" rel="noopener noreferrer">visiting with a wealth architect</a> today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.