Adviser Fraud in Our Backyard Dennis Gibb, a Redmond, Washington based investment adviser, stole over $3 million dollars from clients of the investment advisory firms he owned, Sweetwater Investments, Inc. On March 28th, 2019, he pleaded guilty to two felony charges, one for wire fraud and the other for falsification […]
Pacific Northwest Asset Management, LLC Summer 2018 Thoughts – Invest in Wealth As we approach year 10 of this economic recovery and stock market bull run, many financial services industry analysts and experts are cautioning about a market downturn in the near-term future. They’re in the press daily proclaiming we’re […]
Have you ever watched American Greed or read about some unscrupulous financial services industry professional who has stolen money from clients? We all have, and it’s terrifying to think some chump could steal money from us. Avoiding fraud is just as important, if not more so, than avoiding poor portfolio […]
“Nobody knows nothing.” Theses are the words that Vanguard founder, Jack Bogle, heard from a financial services industry veteran when Mr. Bogle first started in the industry. The purveyor of these words told Mr. Bogle that if he remembers this phrase, he’ll do well in financial services. The concept that […]
This morning, I saw a financial services industry TV ad that I’ve seen multiple times. The Invesco ad presents this question to investors: “Why invest in average?” Sounds like a reasonable question, right? I mean, who the heck wants to be average in anything, especially investing? After all, successful investing […]
