All con ARTISTS have a great shtick.
The stupid ones go elsewhere and get bounced out of the business (stupid crooks fed my family for years) or have a moderately successful career elsewhere.
There may be a FEW people at the large wirehouses that have a little bit of honesty and a conscience, but none at Goldman that have been there for more than a few years.
>>>>>>If this were so, who would entrance their wealth to be managed by people like these?<<<<<<
The same people that keep thinking that politicians somehow matter in this nation and that voting or involvement are somehow important.
>>>>>Hard to believe.<<<<<
And yet, at one point in history, state of the art maps of the world contained blank spaces captioned with “Here Be Dragons”. My own children at one point in their lives believed that an obese man rode a sleigh powered by 8 reindeers and distributed toys to every child in the world in the space of a few hours of one night...
I think the skepticism in me comes from your SWEEPING statement to the extent that ALL wealth managers are crooks.
If you only replaced ALL with SOME, you would have had more credibility.
As it stands now, I remain in my skepticism.