Even in the Madoff scheme, there were warning signs that might have tipped off cautious investors, including: Returns that were unusually high and consistent given the volatility of the markets, Investment strategy explanations that likely wouldn’t have held up to closer scrutiny. Use of the same investment strategy for every investor, regardless of his or her circumstances.
So is a qualified, independent investment firm can it help you take the emotion out of the equation and evaluate your investment options objectively and thoroughly? Yes of course !
Today live from his headquarters from Toronto is Kostas Andrikopoulos President & CEO of T.E.WEALTH, to discuss how you can protect your asset from unscrupulous investment firms and he will also explain what to look for in order to maximize your Return on investment in your portfolio!
And later on the show we are going live to los Angeles California to discuss her latest book Ponzi Proof Your Investments: An Investor’s Guide to Avoiding Ponzi Schemes and Other Fraudulent Scams. And at the same time will have an update on the madoff case!
Stay tuned for an exciting show!
My name is Samuel Ezerzer, your host to the Money & Business show on Radio Shalom, CJRS 1650 AM. Thank you for tuning in live on the Money & Business show, with our Business studios headquarters in Montreal, the financial capital and the home to the greatest hockey team, the Montreal Canadians. We have another great show for you today and as always, you can call if you have any questions, comments, or criticisms on today's topic. Please call us direct at 514 738 4100 ext 200 or email me at firstname.lastname@example.org if you have any inquiries. You can also visit our website at www.radio-shalom.ca – all our shows are archived there.
Out topic for today "Protecting your assets , "How to avoid Madoff-like risk"
Kostas N. Andrikopoulos, C.A., TEP
President and CEO, T.E. Wealth
In addition to being an alumnus of both McGill University and Concordia University, he was on staff for 6 years at the former as a lecturer in taxation. Kostas holds certifications from The Society of Trust and Estate Practitioners, past member of The Canadian Association of Financial Planners, Canadian Tax Foundation and The Institute of Chartered Accountants of Ontario. He is an avid reader and history buff, and is fluent in three languages, French, English and Greek.
Thank you Kostas for taking time off on your busy schedule, and I want to congratulate your firm T.E.WEALTH for turning 40 this fall?
In October of 2012, T.E. Wealth will celebrate 40 years in business and throughout the coming year, we will be holding anniversary celebrations across the country. Whenever we mark a significant milestone, it is a welcome opportunity to look back and reflect on how far we’ve come,and look forward to see where we are heading. During our anniversary year, I will be sharing my thoughts with you on how our experience, commitment to education, dedication to excellence and focus on growth will continue to benefit clients. In this issue of Strategies, I want to take a step back and look at our shared history.
When you examine how the world has changed, how our clients’ needs have changed and how T.E. Wealth has changed over the past 40 years, the value of experience is abundantly clear. The
lessons learned over the years, through the various market cycles and economic challenges,have given us the insight and understanding necessary to provide our clients with the quality of
guidance they expect and value. Experience is not only a great teacher; it provides us with the knowledge and expertise for building a prosperous future.
There is clearly a lack of leadership in Europe. The problem is that the longer it takes to find a solution, the greater the probability that the world economy will be dragged down by Europe.
The starting point is determining what your goals and priorities are:
· Purchase a house
· Put your kids through school
· Have a child
· Go back to school, etc
Many events motivate people to seek professional investment advice. For example, you may have recently received a large sum of money, gone through a major life change (such as marriage, divorce, the birth of a child, the death of a spouse), or recently retired. You may be dissatisfied with your progress toward investment goals or no longer have the time to manage your own investments. Do-it-yourself investors may not be as knowledgeable as professional financial advisers within the investment marketplace. Additionally, the demands and complexities of effective investment management can prove challenging even for the most diligent individual investor.. Can you suggest some criteria to our listeners for choosing a wealth advisor?
Kathy Bazoian Phelps
Kathy Bazoian Phelps , she is a Partner at Danning, Gill, Diamond & Kollitz, LLP
Los Angeles, California
Los Angeles, California
Madoff was very secretive and his investment program was an exclusive club that investors begged their friends to get them into. Madoff made feeder funds and investors promise to not disclose they were involved with him. Madoff explained that it was “too complicated” when people asked for an explanation.
Judge Steven Rhodes (center) presents a copy of a book he co-authored with Kathy Bazoian Phelps called “The Ponzi Book: A Legal Resource For Unraveling Ponzi Schemes” to Chief Judge Gerald Rosen (right) of the United States District Court for the Eastern District of Michigan as Judge Avern Cohn looks on. Designed to be a comprehensive guide to the complex issues that arise in Ponzi schemes, The Ponzi Book includes a thorough legal analysis to support competing claims and defenses of affected parties, and contains a sophisticated discussion of the administrative practicalities that arise in Ponzi cases.
The Money and Business Show Talks to Kathy Phelps
Past Shows with T.E.WEALTH
Alzheimer's, Can It Wreak Havoc on Family Finances
Surviving Financially After Divorce
Surviving Financially After Divorce.
Kathryn Jankowski’s ,
Telecharger / Download
Kathryn Jankowski’s ,
Telecharger / Download
Surviving Financially After Divorce.,
Canada's Aging Population ; Financial Tsunami Ahead
Canada's Aging Population ; Financial Tsunami Ahead ; David Gillan, Debbie Gilbert, Dr. Kellie Leitch MP for Simcoe-Grey
Presentations, Interviews and Articles for 2012 Include:
- Sam Ezerzer – Montreal Radio Shalom’s host of: Money and Business: Alzheimer’s Disease, its financial impact and current research
- Sam Ezerzer – Montreal Radio Shalom’s host of: Money and Business: eldercare issues and financial planning. (Note: The radio station has a new website. The link is now working! Just click and listen!)
Financial Wealth Strategies
Financial Wealth Strategies with Gilles Couturier & Will the New Super Visa system for immigrants Decrease the Backlog? with the Honourable Rick Dykstra. Telecharger / Download