Money 2.0: The Rich and the Rest of Us
Hidden Brain
00:00
Wealth Managers Are Not Replaceable
A quarter of the people i interviewed, i would characterize as being conscience stricken about the larger impacts of their work. One gentleman in panama city said he would actually lecture his clients on the work of a marchesene and joseph stiglets. Now that may seem mild, but it's a fairly risky strategy to pursue with wealthy people who are used to having people fawn over them. Most wealth managers are replaceable. There aren't a lot of them in the world. But if you one a little too in your face, you could always go get another one, or get another one within a different company.
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