In this episode of the show...

More bad behavior in the financial "services" industry! Rich and Kelly talk about a recent case where a major broker-dealer was sanctioned by the Financial Industry Regulatory Authority (FINRA) to the tune of $25 million for deceptive sales practices. On the financial planning front, they will focus their discussion on the topic of life insurance and how to use it correctly in your financial plans. They cover the basics and spell out the differences between term, whole life, and the various forms of universal life. They'll also discuss a few case studies that demonstrate their "best practices" approach to the subject.