Sorry we didn’t have this up last week, before “Doc” Gallagher was one of the featured speakers at the Jewish Community Center of Dallas’ Senior Expo.
But if you saw him there, or you’re planning to attend one of his free sessions this month at Sonny Bryan’s in Richardson, Golden Corral in North Richland Hills, or the Highland Park Cafeteria in Dallas, you might want to check out this piece from the latest D CEO.
One aspect of the story that didn’t make it into the final piece, because of space considerations, is that much of the marketing of “the Money Doctor” (who buys time weekly Saturday mornings on KAAM-AM 770) is aimed at senior citizens. He’s appeared on the cover of Mature Texan (with Ebby Halliday), for instance. And he’s done shows on topics like the dangers of nursing homes, in addition to warning his listeners about the dangers of working with “Big Broker.”
He’s absolutely right that you’ve got to be careful from whom you take financial advice.
3 comments
I would strongly suggest that you check out Doc Gallagher’ history with the FTC before you spend one thin dime with this bag of wind.
I can’t speak to how well he serves his clients but his pitch to get participants to his dinner seminars was completely misleading. I attended one in Arlington; about 75 of us were crammed into a splace which would comfortable seat about 25. He spoke only in generalities (no meat) and refused to answer questions. About half that wasted 2 hours was spent promoting himself with the other half spent ridiculing his competetors, interspersed with corny jokes and rhetorical questions. Pass him by.
Doc Gallagher is NOT a financial adviser. He’s a SALESMAN!!!!
If you listen to KAAM 770am, there are other financial professionals doing “talk shows” that are true professionals and advisers that give valuable information.
Give them a listen!