It makes me ill how callously people talk about ripping their clients off I donโt know of any illegal behavior, but will people push the envelope and pitch lucrative and complicated products to clients even if they are not the simplest investments or the ones most directly aligned with the clientโs goals? Absolutely. Every day, in fact.
Greg SmithThe true nature of mankind comes down to a simple question: 'Do we teach children how to be good or how to be bad?'
Greg SmithIt makes me ill how callously people talk about ripping their clients off I donโt know of any illegal behavior, but will people push the envelope and pitch lucrative and complicated products to clients even if they are not the simplest investments or the ones most directly aligned with the clientโs goals? Absolutely. Every day, in fact.
Greg SmithLeadership used to be about ideas, setting an example and doing the right thing. Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence.
Greg Smith