Episode Details
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#174 | Can You Trust Your Financial Advisor? The Hidden Danger of Disinformation in Finance [Financial Literacy, Financial Advisor & Wealth]
Published 11 months, 2 weeks ago
Description
Do you really know if your financial advisor is giving you facts—or just repeating lies they believe are true?
In this episode, we break down the essential difference between misinformation and disinformation, and how both are deeply embedded in the Canadian financial services industry. Drawing on a conversation with a veteran media journalist and supported by academic research, we explore how misguided beliefs are perpetuated by advisors who often don’t realize they’re spreading untruths—and why that should alarm every investor.
You’ll learn:
- The clear distinction between misinformation and disinformation—and why intent matters.
- How social psychology and industry dynamics lead advisors to adopt and share false beliefs.
- The practical steps you can take to evaluate whether your advisor is truly independent—or just repeating the industry script.
🎧 Listen now to protect your portfolio and sharpen your critical thinking.