Intermediaries

After church last week, a member caught me and asked for
help on a financial matter. He had intended to purchase a CD and name the
church as its beneficiary. A financial advisor at his bank suggested a “better
investment” with “higher returns.” The member wasn’t sure what the investment
was and wanted some advice.





I called the financial advisor to get a full
prospectus in order to understand the underlying investment and its risks to go
along with the purported higher returns. That was two...