Ep 25: Rick Ferri on life and investing after Jack Bogle

A former US Marine Corps officer and fighter pilot, Rick Ferri talks about his experiences as a stockbroker at a large Wall Street firm, and how he became disillusioned with the industry, its sales culture and its high fees.

He explains how he built a business called Portfolio Solutions, which enabled investors to achieve much better results by cutting the amount of fees and charges they paid. He also discusses his latest business venture, Ferri Investment Solutions, a pay-by-the-hour financial advice service, and offers his views on how the advice profession is changing.