[causehealth101]

It's a sad state of affairs. There are far more resources available these days to combat the information asymmetry that drives the "financial planning" industry, but it's not nearly enough to help the people who actually NEED it.

I began my career in private wealth management (minimum $5M investable assets).

I ditched that to try to help real people...joined a brokerage where I discovered sales targets still required $250K, at the very least, in investable assets (this excludes include home and any assets that cannot be held by the brokerage, so the net worth of these people was usually $500K+).

I finally gave up and attempted to run a business on a different fee model to educate lower/lower-middle class people on their finances. The Great Recession and my youthful idealism & naivete destroyed that.