Thursday’s blog entry set forth the text of my response e-mail to Adam Butler, Director of Wealth Management and Portfolio Manager at Butler, Philbrick & Associates. Set forth below is the text of Adam’s reply.
Thanks for the quick response. It’s great to find others who are passionate about candidly discussing these topics.
The wealth management industry seems intent on containing this discussion for fear clients might discover that the Emperor has no clothes. Those of us who genuinely want to do some good on behalf of clients and everyday investors have our work cut out for us.
I was sorry to hear about John’s passing, as he clearly embraced a data-driven approach that mirrors our own, and it would have been illustrative to discuss reasoning and findings. Of course, we are delighted that you have taken on John’s mission and continue to move the debate forward with your own approach.
I will take the time to read through the articles you sent before we chat. Why don’t we schedule a phone conversation on Tuesday morning at 10am EDT. I will call you at the number you sent. In the meantime, please feel free to peruse our site so that we can hit the ground running.