9. The Importance of a Financial Designation

Bernie Madoff. Dean Mustaphalli. Elizabeth Holmes. There are plenty of reasons to distrust people these days. As with most professions, individuals in the financial field often seek to obtain various designations to demonstrate their level of knowledge. The financial industry is generally clouded by an atmosphere of distrust. While there are many honest financial advisers, there are also many unscrupulous ones engaging in fraud. In this episode of Retiring Today, we are talking about how to protect yourself from the Bernie Madoff's of the world and the importance of a designation.