Phil Cannella – Phillip Cannella Media: Phil Cannella, in his pursuit to provide those in and approaching retirement with a means to preserve, protect and grow their nest eggs, has spent untold hours researching the different types of insurance policies available on the market for retirees.
Phil Cannella discusses the way he went about this search; “Immediately I discarded the bad policies – the ones that only guaranteed to make the insurance company or the advisor a profit. I concentrated on the best policies, the consumer-driven policies, ones that would truly protect seniors from financial ruin due to catastrophic health issues.”
We hear this about financial professionals all the time, he or she failed to act in their client’s best interest and instead sold something that gave a higher pay-out or commission instead of something that was right for the client. Phil Cannella, at an early age, was diametrically opposed to this sort of attitude toward work and life. One can’t hold to any fiduciary standard if one didn’t offer a product or service that was right for the client. Just like you wouldn’t want to buy a house made from inferior materials that may collapse, Phil Cannella insists that you don’t want an insurance policy that in one fashion or another is inferior and could let your finances collapse.