Wealth Mismanagement

A Wall Street Insider on the Dirty Secrets of Financial Advisers and How to Protect Your Portfolio

By: Ed Butowsky, Dennis Kneale

Narrated by: Traber Burns

Are your life’s savings safe? A Wall Street insider reveals fatal flaws and hidden risks of wealth management and unveils a new system for protecting your portfolio - and firing your financial adviser.

Millions of us are committing a slow, imperceptible form of financial suicide.

Chances are your IRA or 401(k) carries far more risk than you realize, lacks real diversification that could reduce downside risk, and is falling behind the underreported rate of inflation that eats away at your retirement fund every year.

In the next market crash, you could be left vulnerable and unprotected.

Wall Street financial advisers are supposed to build and preserve your wealth, yet they are untrained in portfolio construction and how to contain risk and bulletproof your investments. They charge high fees and sometimes put their own interests ahead of yours.

Now Ed Butowsky, a Wall Street insider who spent two decades as one of the top producers at the fabled firm of Morgan Stanley & Co., breaks from the pack to reveal the flaws, fibs, and failings of financial advisers. To fix this mess, he has created the new CHIP Score to empower you to evaluate the potential for Risk & Reward in your portfolio and grade your adviser - before the next meltdown.

Nobody else on Wall Street ever dared to create anything like it. Wealth Mismanagement will empower investors to protect themselves.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2019 Ed Butowsky and Dennis Kneale (P)2019 Blackstone Audio, Inc.

this book was well written and read

very relevant to the current climate as it draws on analytical data of the past

Amazing Details on How Wealth Should be Protected

I learned so much from the book and author. I wish I had known what was being done to my money by Financial Planners and the critical questions surrounding wealth preservation I didn’t know how to ask.

Best financial book I ever read

Perfect story. The Author described the backstage of Wall Street and showed how stupid is the system is. Do not slow them to fool yourself - read that book. Thank you!

This Book has Great Financial Principles!

The author teaches you the what not to do as well as the valuable lessons of how to invest.

Great book !!!

Very eye opening information.
For years the financial system has been broken and only getting worse.

Informative and easy to understand

I really liked this book, it was super informative, he uses real life stories and throws in some dry humor that Traber performs beautifully!

Educational

I wanted to know how to invest and the best types of shares to buy, this book gave me my start.

Great book!

One of the most remarkable answer I got out from this book is to my ever-present question: why the CPI consumer price index doesn’t seem to reflect the reality. Because the number is tinkered and not real. We are “cheated”and everyone is on it, which makes it more important to do extra for a good retirement.
Repetitiveness I don’t feel, maybe I like important points to be reviewed so I can remember better especially in audio form. There are some concepts that I still don’t understand such as the standard deviation factor, but I am willing to figure them out by a second listen and more research.
Not recommended for beginners.

Great read.

A must read if you want to protect your wealth from financial advisors who don’t care about your gain, only their fees

most amazing book about investment

most amazing book about investment for both pros
and new investors
A + ×$$$$ $$