I think most people will agree with me when I say that we ought to be vilifying problem creators and rewarding problem solvers. For example, society seeks to punish criminials, and hires policemen to protect society from criminal acts.
Is this the case for the financial planning industry?
Product pushers earn handsomely for selling profitable and dubious products to their clients, creating all kinds of financial problems for their clients along the way. Product providers are more than happy to glorify such top producers by highlighting their sales achievements as well as sending them to luxurious incentive trips all over the world. A certain international organisation also accords insurance agents who earn more than $100,000 of first-year commissions with fanciful titles and awards.
What about the problem solvers in the industry? I know of a fellow planner from another company who is facing a commission cut for low revenue. A ...... I think most people will agree with me when I say that we ought to be vilifying problem creators and rewarding problem solvers. For example, society seeks to punish criminials, and hires policemen to protect society from criminal acts.
Is this the case for the financial planning industry?
Product pushers earn handsomely for selling profitable and dubious products to their clients, creating all kinds of financial problems for their clients along the way. Product providers are more than happy to glorify such top producers by highlighting their sales achievements as well as sending them to luxurious incentive trips all over the world. A certain international organisation also accords insurance agents who earn more than $100,000 of first-year commissions with fanciful titles and awards.
What about the problem solvers in the industry? I know of a fellow planner from another company who is facing a commission cut for low revenue. A ......
