Our favourite survey response

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From somebody:

I like MB, but you obviously have know idea what good financial planners do, and there are plenty of them out there.

I’m a CFP, CFA with over 20 years experience, and after so many years of being bashed up in the press I’ve had about enough of ill-informed opinions and cheap shots like yours. I like what I do. My clients like what I do. I do a good job. That’s enough for me.

So fuck off with your robo-non-advice.

Honest enough?

Quite, yes, and well said. We empathise given we are interested in this space largely because this chap is having his reputation tarnished by those that are no more than paid salesmen.

We did not mean to imply everyone in the industry is on the take only that the structure of said industry is flawed and we wish to bring new competition to it to improve outcomes for all.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.