They have created a severe taint on the whole financial service industry and everyone involved in it, whether they deserve it or not.  Consider a survey by Rush Alan Prince in October 2008 of 400 affluent investors with at least $1M invested (and its only gotten worse since then):– 81% said they were going to leave their advisor; 86% were not going to refer their advisors to their friends, instead they were going to warn their friends about their advisors; only 2% would make referrals to their present advisors; and the actual percentage transferring to new advisors will not be as high as 81%. So if it’s that bad with affluent investors, it’s even worse with those who have smaller accounts.

The truth is no matter which segment of the population you talk to, they are all shell shocked from the events of last year and the continued idiotic government bailouts and spending programs of this year. It has become more important than ever for Americans to finally receive and apply a sound, hands on, practical financial education that our schools and universities have never taught. Fortunately, this desperate need is now available as a key component of the Elite Wealth Plan.