Putting family first
Being close to retirement, Outsider and Mrs O have been keeping their eyes on decumulation products and window shopping their options.
During an investor lunch with one such company, an account manager pointed to her mother’s attendance in the audience. Later in the event, a portfolio manager also made such a reference to his mother, lamenting the fact she could not be attending in person but was watching via the internet.
While Outsider was a bit confused by the relevance of these references, he noticed that Mrs O was clearly quite impressed by the shout-outs and took a quick liking to them.
Having looked around the room and being quickly reminded of the demographic in attendance, Outsider realised it was no coincidence both had made note of their special attendees… he was very much surrounded by his peers who all most likely had children the same age as the presenters.
Now perhaps Outsider is being unfairly cynical and maybe they were not being used as sales props, but I’m sure they have plenty of time to meet with, what I would call, their VIP clients.
Outsider was disappointed his own children could not be in attendance, perhaps it was a nice reminder to them that they are more than welcome to call once a week.
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