120: Conflicts of Interest | Seminar

Barenaked Money

Kathryn Toope and Verecan Capital Management Inc.에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Kathryn Toope and Verecan Capital Management Inc. 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

24d ago 1:29:03

MP3•에피소드 홈

Team Introductions and Tackling Conflicts of Interest in Financial Services

In this episode, Josh begins by introducing various team members from Verecan Capital Management, sharing unique tidbits about each person. Following the introductions, portfolio managers Devin Cattelan and Colin White present on conflicts of interest within the financial services industry. The session covers topics like market updates, misleading financial advice, and the importance of integrity and fiduciary responsibility. The presenters share examples of good news stories, the impact of politics on markets, and the risks of do-it-yourself investing.

They also discuss the challenges related to financial products designed to sell rather than perform, and the cultural and operational philosophy at Verecan that aims to eliminate conflicts of interest. The session ends with a Q&A, focusing on company policies, future plans, and how Verecan maintains its client-first approach.

00:00 Team Introductions with Fun Facts
04:15 Market Update and Good News
13:52 Conflicts of Interest in Financial Services
19:54 Real-World Examples of Conflicts
33:03 Product Design and Sales Culture
43:25 DIY Investing Pitfalls
45:38 Robinhood and GameStop: A Conflict of Interest
46:27 The Problem with Financial Titles
47:57 Investment Advisor vs. Portfolio Manager
53:57 TD Bank's Historic Fine and Corporate Governance
59:40 Verecan's Unique Business Model
01:02:43 Q&A Session: Industry Insights and Practices
01:13:52 Concluding Remarks and Final Questions