11-29-2022 – SEC Strikes Again on 12b-1 Fees, Fining Another RIA
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 30 November 2022
⏱️ 45 minutes
🧾️ Download transcript
Summary
An SEC complaint highlights what can happen if an advisor breaches their duty to seek 'best execution' for transactions of its advisory clients.
Today's Stocks & Topics: Private Equity Industry, Tech Sell-Off, Yield Curve Inversion, BKE - Buckle Inc., The Stock Market and 401k, CTRA - Coterra Energy Inc., SU - Suncor Energy Inc., SLB - Schlumberger Ltd.
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Transcript
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| 0:00.0 | At a time, when investors are confronted with market volatility and a variety of challenges |
| 0:11.6 | fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures, |
| 0:19.1 | just incline and Steve Peasley, stand ready to take your finance and investment questions |
| 0:24.1 | and share their unbiased answers. |
| 0:27.3 | This is Invest Talk, independent thinking, shared success. |
| 0:32.6 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving |
| 0:37.9 | clients throughout the United States. |
| 0:41.2 | The clarity for your path forward starts now. |
| 0:45.6 | Here is KPP Chief Executive Officer, Financial Advisor, just incline. |
| 0:53.2 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:56.9 | This is our Tuesday, November 29th, 2022 edition. |
| 1:00.8 | I hope all of you had a wonderful Thanksgiving, I know mine was, my weekend was very relaxing, |
| 1:06.8 | very needed, and I'm ready, rare to go for Christmas coming up and new years soon after. |
| 1:15.3 | And a new year often means new trends and in today's market and economy, it is the continuation |
| 1:27.0 | of a new era. |
| 1:30.3 | And this is an era with cheap money that was defined by a few things. |
| 1:41.9 | Price was more important than value, hype was more sought after than substance. |
| 1:52.1 | And financial engineering was the name of the game over things like cash flow. |
| 2:02.1 | And you can see that in today's headlines of those pillars of a buy gone age, it really |
| 2:15.5 | is, it's a buy gone age of cheap money and ultra low interest rates and ultra low ultra |
| 2:23.6 | high liquidity. |
| 2:28.3 | You can see the downfall of DeFi, you saw another one today, crypto lender block file for |
... |
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