An honest financial adviser is a lost treasure

Outsider

3 June 2018
| By Outsider |
image
image
expand image

Out on New York’s Staten Island, Outsider believes he has found what some people have suggested has been difficult to unearth in a certain Sydney uptown building – an honest financial adviser.

The adviser in question was doing some unearthing of his own in his backyard with his landscaper, Bamboo Bob, when they happened upon an old safe that our upstanding adviser had always thought was a power box.

The power box turned out to be a safe, and Outsider has it on good authority that the adviser, who weighed out $52,000 USD in cash and jewellery from the safe on his kitchen scales, only did so out of curiosity.

An honest chap, he did not intend to keep the treasure but rather sought out a couple in his neighbourhood with the help of an address inside the safe.

As it turned out, seven years previously the couple had fallen prey to the “Ninja Burglar”, who employed the old school thieving technique of raiding houses rather than the more modern method of charging fees for no service.

Outsider hopes that the adviser’s relieved neighbours, who were happily reunited with their gems, know just how lucky they are; lost stolen treasures are harder to find than admirers of the financial planning profession.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 hour ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 6 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 4 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 7 hours ago