Financial Industry Run Under Feudal System Says AZ Financial Advisor - Insurance News | InsuranceNewsNet

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November 16, 2007
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Financial Industry Run Under Feudal System Says AZ Financial Advisor

 

Scottsdale, AZ – November 14, 2007 – “The Financial Industry is run under the feudal system and I and other advisors are fed up with it,” Arizona Financial Advisor Jim Dew gives as the reason for creating the company 300 Financial, Inc.

On September 19th, 2007, 300 Financial, Inc. opened it’s doors nationally to advisors that agree.

“For years the advisor on the street has been doing all the work with the public; working after hours, putting solutions together, fulfilling all the administrative needs. We don’t mind it. We love helping people!

What we don’t appreciate is being treated exactly like the serfs were treated by the lords and kings back when the feudal system was in style. We do the work and the guys in the ivory tower harvest the wealth.

What we do mind is that a significant portion of our pay is siphoned off by Broker Dealers or wirehouses to fund their broker recruiting efforts or into compensation and bonuses for their executives.”

Jim Dew has put together a group of like minded advisors and created an advisory company owned by the advisors that work with the company instead of the classic model of a Broker Dealer being privately owned or owned by a large corporation.

The company is limiting owners to the first 300 advisors. More information may be obtained by going to www.300financial.com.

Jim Dew
President
300 Financial, Inc.
14362 N Frank Lloyd Wright Blvd.
Scottsdale, AZ 85260
[email protected]
Phone: 877-300-3011

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