The Problems of Conventional Financial Planning – The public, hopefully, has finally wised up to the inherent problems that have always plagued the financial services industry, namely the greed, the conflicts of interest, the self-dealing and the so-called financial plan designed to steer people to products where the investment and financial planning firm makes the most money. Only this time, the problems were so grossly and blatantly exposed in broad daylight for the whole world to see and experience as their investment and retirement accounts lost 30%-60% of their value. Literally, the public was deceived by the Wall Street elites’ incredible arrogance and greed, and the lack of scrutiny and oversight by the regulators and power hungry politicians.