Fall cannot come and go in Louisville, Kentucky or Southern Indiana without a visit to Huber's Orchard and Winery! Our Wine and Wisdom Louisville event took us there for October. Clients had the chance to pick out their own apples, select a pumpkin and enjoy a night filled with signature SWD fun.
CEO Matt Dicken presented his financial wisdom topic on the 3 Investment Worlds: Banking, Stock Brokers, and Insurance Agents. Dicken outlined the benefits each world provides to their customers, while also explaining the downsides of each approach.
Banks provide obvious options like bank accounts, savings accounts, mortgages or business loans. They also attempt to offer financial services but in a very limited capacity which the makes the nature of their advice not holistic.
The second investment world is stock brokers. Stock brokers also have limited options that they can offer to clients. Investors need to be careful as stock brokers could be operating under the suitability standard when offering their services.
Insurance agents are the third branch in the investment world. They offer home or auto or life insurance, maybe an annuity option in some cases. These agents have some of the tools once again but are still limited in what they can offer.
Dicken explained that you should find an independent fiduciary financial firm that can offer the pros of all three of these worlds and not be stuck to the limited options of just one. It is also nice for financial clients to be able to consolidate the services they need into one location.
To learn more about our events be sure to visit our Wine and Wisdom page! Join us in Louisville or one of our many other cities in the United States.
If you have a financial planning or retirement question, give us a call at 87-SWD-GROUP (877-934-7687) or by sending an email to Info@SWDGroup.com
Thanks to everyone who came out and made this event such a success. Check out our next event, or view more photos below.