I was stuck in traffic this morning, so I turned off my music and tuned to my state’s “own radio station,” New Jersey 101.5 FM to listen to the traffic report. I was hoping to determine how long I’d have to be sitting in my car before arriving at work. Before the traffic report, the morning talk show host mentioned that the station is sponsoring a seminar this coming weekend to help attendees gain control of their financial lives.
The tickets are only $10, and from the looks of the uninformative seminar website, the seminar will be hosted by Eric Scott (the station’s news reporter and vice president of the station’s parent company’s news department), with special guest “Jersey Guy” Ray Rossi (co-host of an afternoon show that’s only slightly annoying and occasionally humorous) and sponsored by David Lerner Associates, Professional Planning Services, Financial and Educational Services, and an insurance agency of Genworth Financial.
How much do you want to bet that the purpose of this seminar is for these companies to sell investment and insurance products rather than giving sound, personal, personalized financial planning advice? Of course it is; why else would they be willing to offer the seminar such a low admissions price? The seminar will pay for itself by products and services purchased and contracted on the spot.
I would go just to see how hard the sell is, but I already have plans for Saturday.
Updated February 10, 2011 and originally published October 16, 2007. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.