In 2021,he established Chapwood Investments, LLC, an investment advisory company focusing on customer wealth management. In addition, he became the founding partner of Global Financial Management, LLC. Together, with Robert Kiyosaki, Butowsky developed a financial products line named Rich Securities, Inc..
Ed Butowsky spoke about financial education in an interview with Howard Stern. He was quoted as stating, quote,”The financial education of anybody nowadays can be found online.” He went on to add that people today need more than only a basic understanding of finance, but has to be armed with the resources to manage their finances. He went on to say there are too many people out there that do not know how to control their money and shed it. He went on to call the ones that do know how to invest properly as”courageous people,” and that he believed these folks were in good demand. In precisely the exact same interview, Butowsky said the requirement for financial education for the general public.
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 is a really good author and has a very engaging personality. That having been said, a number of his recommendations may have been demonstrated to be somewhat off the mark, but overall, this is a really good book as far as financial advisors move.
Within this book, 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 duty is to analyze the financial statements of clients and recommend changes in order to enhance their financial health. However, the real test of a financial adviser is in how they manage their own portfolio.
This section of the book is quite comprehensive and goes into the types of investments that an advisor should appraise before recommending any kind of investment. But,even after considering all ofthe best investment opportunities, a financial adviser still has some obligation to their clients. The book then continues with a brief description of the way to make investments. And, finally,it concludes with some brief but very helpful strategies for managing cash.
Overall, this is a nice little novel. It will not have the bells and whistles of recent books on financial management. But, for a person who’s just getting started in the world of investment management, it offers a good primer. Plus, the excellent 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 analysis will find something to like here.