Could any other industry get away with this?

Posted by Robin Powell on November 5, 2015

Could any other industry get away with this?

 

It’s three years since I started researching the financial services industry, but every day I see and hear things that frankly astound me.

It’s not just those who work in it who consider it a special case. So do journalists and politicians. Even we, the end users of financial services, are pretty much resigned to the fact that Wall Street and the City operate to a completely different set of rules to everyone else.

Now at least I know it’s not just me who feels this way. This article by Morgan Housel brilliantly encapsulates the disconnect between the financial sector and the real world the rest of us inhabit. I recommend it to you.

If other industries were like Wall Street

 

ROBIN POWELL is a freelance journalist and the founding editor of The Evidence-Based Investor. Based in Birmingham, England, he founded Ember Television and Regis Media, and he specialties in helping disruptive financial firms to grow. He also campaigns for a fair, transparent and sustainable investing industry. You can follow him on Twitter at @RobinJPowell.

 

COPYRIGHT

Regis Media owns the copyright to all of TEBI’s content, and republishing any of it without permission is strictly prohibited. We will take appropriate action in the event of any infringements.

Financial advisers may wish to note that we allow selected firms to use our investor education content under licence, and that we also produce original and customised articles and videos. Visit our website for further information.

 

Robin Powell

Robin is a journalist and campaigner for positive change in global investing. He runs Regis Media, a niche provider of content marketing for financial advice firms with an evidence-based investment philosophy. He also works as a consultant to other disruptive firms in the investing sector.

Read more...

How can tebi help you?