Risk Management Takedown

When I was growing up in Tulsa, Oklahoma championship wrestling was quite a source of entertainment.  Gorgeous George, pictured at right, was one of my favorites along with characters like Haystack Calhoun of course;-)  What does this have to do with Risk Management you ask?  Well some things never change like wrestling AND insurance companies ability to turn a risk management issue into a product to sell to the public.

Better Than "FEE ONLY"

"As I live and breathe."  an exclamation my grandmother was known for when frustrated by something that seemed petty or ridiculous.  Well that is where I am with the BRANDING known as "FEE ONLY" in the financial planning world.  The organization in the picture above started based upon a single purpose to register people whose only source of compensation for financial planning services was fees.  Their ranks have swollen (tongue-in-cheek) to a whopping 
2,400 members but it is amazing the impact they have had on the media.

Do Whatcha Can

While standing in the parking lot on a beautiful spring morning, looking at the new car (1 year old that is) this mid eighties retired nurse wanted to show-off--she offered up an unexpected pearl.  Laughing out loud while listening to her new satellite radio comedy station she said people would think she was crazy.  I said--"Well at least you can drive to the looney bin in style.  It's still in Norman right?" 
And that is where the story started…

Corporate Profits Don't Equal Jobs

I just saw this graph from a regular publication I receive and thought it was very interesting and might explain why so many people aren't as excited about the stock market and economy as the financial cable tv guys seem to be.