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Podcast: The Investor Coaching Show with Paul Winkler
Episode: This Company Flat Out Lied About What Was in Their Investments
Description: There are investment companies that will do anything to sell products to investors, even if that means lying about their products. Earlier this month, Invesco was sued and settled for $17.5 million for claiming that over 75% of their investments were ESG during the height of the ESG craze from 2020-2022. The truth was not only was it a lie, but the company had no documented procedures on how to achieve that goal or measure it. Evan talks about how advisors are groomed by the industry to sell products that people want to buy and what you can do to avoid...