Edward”Ed” Butowsky is a certified public accountant and financial adviser. In 2021he established Chapwood Investments, LLC, an investment advisory firm focusing on client wealth management. In addition, he became the founding partner of Global Financial Management, LLC. Collectively, with Robert Kiyosaki, Butowsky developed a fiscal products line named Rich Securities, Inc..
Ed Butowsky spoke about financial education in a meeting with Howard Stern. He had been quoted as stating, quote,”The fiscal education of anybody now could be found on the internet.” He proceeded to add that people now need more than just basic knowledge of fund, but has to be equipped with the tools to handle their finances. He proceeded to say there are too many people out there that don’t understand how to manage their money and shed it. He moved on to call those that do understand how to invest correctly as”courageous people,” and that he believed these individuals were in great demand.
Before we move on, I want to give Ed Butowsky some credit. The chap is definitely an expert in regards to financial advice and investing. He’s a really good author and has a very engaging personality. That being said, a number of his recommendations might have proven to be a bit off the mark, but overall, this is a really good book so far as financial advisers go.
In this publication, Butowsky starts out by describing the task of a financial adviser. The focus of the first section is about what a financial adviser does. In accordance with Butowsky, his principal responsibility is to analyze the financial statements of clients and recommend changes in order to enhance their financial health. However, the real test of a fiscal adviser is in how they handle their own portfolio.
This section of the book is quite detailed and goes in the kinds of investments which an advisor should evaluate before advocating any type of investment. Buteven after considering all ofthe very best investment opportunities, a fiscal adviser still has some responsibility to their clients. The book then has a short description of the way to invest. And, finallyit ends with a few short but very helpful strategies for handling money.
In general, this was a wonderful little novel. It doesn’t have the bells and whistles of morerecent books on fiscal management. However, for someone who is just getting started in the world of investment management, it offers a good primer. Plus, the great thing about Ed Butowsky’s approach is that it is practical, even for people alreadyon the cusp of investing. I think anyone interested in financial evaluation will find something to enjoy here.