Broker Check

Are You Hungry???

| January 24, 2019

I am willing to bet money that you have received an invitation to receive a free meal and attend a seminar on some aspect of investing and or retirement planning.  I did, this is where I got the picture.  You may have even thought about the wine you were going to enjoy with this "free" meal.  All you have to do is go to this event and listen to a presentation.  I am dating myself here, but this is how a lot of timeshares were sold.  Come for a "free overnight stay" and listen to the presentation.

So what's up with these free seminars and 2 day retirement education classes and dinners?  I think we all know there is an expectation that you are going to get "sold" something.  These events are costly and the expectation is at least one attendee will buy something and that will pay for the event.  Usually, it is a product like an annuity or life insurance and the commission for one sale will cover the event.  Let that sink in for a minute.

It isn't that an annuity or life insurance is a bad thing, we offer these solutions to our clients when it is in their best interest and only after obtaining a clear financial plan.  But not after dinner.

If you are watching your cholesterol and want free information, you can follow us on LinkedIn, Twitter or FaceBook.  We will be having a webinar in the second quarter and share some pertinent financial information.  We aren't going to feed you and you will have to enjoy it from the comfort of your home or office.  Keep checking our website,, under our services for webinar  and sign up.  You will need to leave your email so we can send you the link and more information which you can opt out of at any time.


Mike Mickels is President of CochranMickels Retirement Specialists and an avid sporting clay competitor. CochranMickels Retirement Specialists provides personalized planning and investment services to individuals approaching and in retirement. They also provide retirement and benefits training to Federal employees

Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc, a Registered Investment Advisor. CochranMickels and Cambridge are not affiliated.