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Attacking One of Us = Attacking all of Us
By Ann Miller RN MHA
[Executive-Director]
Dear ME-P Readers, Subscribers and Visitors,
As you know, here at the Medical Executive-Post, we champion all hard working, honest and ethical medical professionals, regardless of specialty or degree designation. From the ME-P corporate executive suite, to the mailroom, we appreciate their laborious ministrations under increasingly difficult cultural, political and financial conditions on behalf of the US citizenry.
And so, it was with much dismay when this new advertisement from the behemoth mutual fund company Invesco, headquartered right here in Atlanta GA, was brought to our attention. Rest assured. We are not amused and request your input!
You Input Requested
Do you agree with the Ad? Is it an attack on one medical specialty – or on all of us? Would your opinion differ if the ad mentioned a proctologist – or a dentist? How about a brain surgeon or a nurse? Is the dated impression of doctors being on the golf-course still accurate?
More importantly, does the ad affect your impression of Invesco as a contemporaneous company aware of the modern Health 2.0 culture, or a backward thinking dinosaur resting on its [glorious or in-glorious] past?
- http://www.nytimes.com/2003/12/03/business/funds-scandal-hits-invesco-and-founder-of-strong.html
- http://www.cbsnews.com/stories/2003/12/02/national/main586468.shtml
- http://cjonline.com/stories/120403/bus_ivesco.shtml
- http://www.msnbc.msn.com/id/5941226/ns/business-fund_scandal/t/invesco-settles-mutual-fund-charges/
Is it Time to Close the Door on Invesco?
Are they Aware?
Do you think that the huge and costly marketing department at Invesco is is even aware that our iMBA Inc sponsored, and ME-P promoted textbooks and handbooks, dictionaries, white papers and CD-ROMs on investing, financial planning, insurance, and risk and wealth management for physicians, was largely written by medical professionals of all stripes? Many holding dual degrees and designations like MBA, CFP®, CMP™, JD, MHA, CFA, etc.
Link: http://www.CertifiedMedicalPlanner.org
Or, that they have been used in [non-clinical] continuing education programs for medical professionals, for more than a decade?
Of course, this includes allopaths, osteopaths, podiatrists, nurses, physical therapists and other related members of the healthcare ecosystem? After all, it often takes a team to treat a poly-systemically ill patient.
Link: www.BusinessofMedicalPractice.com
Assessment
Feel free to contact Invesco directly and tell em’ what you think about their new ad campaign [positive or negative]:
Inveso Client Services:
- Calls within the United States 800.959.4246
- Calls outside of the United States 713.626.1919 (Call Collect)
Hours of Service – Monday-Friday, 7:00am-6:00pm CST; subject to change due to NYSE holidays or early market closings.
Contact Link: https://www.invesco.com/portal/site/us/menuitem.33e9ce03dea2c250a83af864f14bfba0/
Industry Indignation Index: 65/100 [probably smelly]
Conclusion
Over the next few weeks we will aggregate your thoughts and may report back to you, and Invesco, about the results. Till then, be sure to also tell us what you think. right here? Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.
Link: http://feeds.feedburner.com/HealthcareFinancialsthePostForcxos
Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com
OUR OTHER PRINT BOOKS AND RELATED INFORMATION SOURCES:
- DICTIONARIES: http://www.springerpub.com/Search/marcinko
- PHYSICIANS: www.MedicalBusinessAdvisors.com
- PRACTICES: www.BusinessofMedicalPractice.com
- HOSPITALS: http://www.crcpress.com/product/isbn/9781466558731
- CLINICS: http://www.crcpress.com/product/isbn/9781439879900
- ADVISORS: www.CertifiedMedicalPlanner.org
- BLOG: www.MedicalExecutivePost.com
- FINANCE:Financial Planning for Physicians and Advisors
- INSURANCE:Risk Management and Insurance Strategies for Physicians and Advisors
Share this:
Filed under: Breaking News, CMP Program, iMBA, Inc., Industry Indignation Index, Investing, Op-Editorials, Portfolio Management | Tagged: CMP, DPM, Invesco, podiatrist, www.certifiedmedicalplanner.com, www.healthcarefinancials.com, www.medicalbusinessadvisors.com |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
Tell it to the Chairman,
Feel free to contact the Invesco Chairman with any questions or concerns you may have about this advertisement, and the above ME-Post. Both positive or negative!
Bruce L. Crockett
[Independent Chair]
Invesco Funds Board of Trustees
bruce@brucecrockett.com
And, comment directly on this post, too.
On behalf of your ME-P staff, we continue to represent the interests of all medical professionals in this time of change in the Health 2.0 ecosystem
Fraternally,
Dr. David Edward Marcinko MBA CMP™
[Publisher-in-Chief]
INSTITUTE OF MEDICAL BUSINESS ADVISORS, INC.
Suite #5901 Wilbanks Drive
Norcross, Georgia, 30092-1141 USA
Phone: 770.448.0769
email: MarcinkoAdvisors@msn.com
ADMINISTRATORS: http://www.springerpub.com/Search/marcinko
PHYSICIANS: http://www.MedicalBusinessAdvisors.com
PRACTICE: http://www.BusinessofMedicalPractice.com
HOSPITALS: http://www.HealthCareFinancials.com
ADVISORS: http://www.CertifiedMedicalPlanner.com
BLOG: http://www.MedicalExecutivePost.com
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Yes, it’s dissing podiatrists, and is not even funny.
Arthur Gudeon DPM
[Rego Park, NY]
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I’m not sure it was intended to ‘diss’ podiatry in particular but it certainly paints a picture that doctors spend time at country clubs golfing. Many of us don’t even golf. And I agree, it’s not funny and misses the mark.
Dr. Jason R. Miller
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Invesco Stadium – R.I.P.
Remember, Invesco Stadium was dumped by the Denver Bronco Network and the City of Denver.
Clare Smith Carter, RN
[Multiple Respondents]
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More on the Invesco-Podiatry Controversy
“This is the first time I’ve seen this ad, and I find it offensive. It depicts podiatrists as unfocused individuals. As an APMA member, I would like to see APMA investigate this ad from Invesco and provide us all with a report.”
Bruce Pinker, DPM, White Plains, NY, docpinker@yahoo.com
“I don’t feel like this ad is demeaning to podiatry. The point of the message is that you should not take investing advice from anyone who is not a financial professional, just like you would not take foot care advice from your accountant. I think the ad is pretty funny. If you are not used to being the brunt of a joke by now, you are in the wrong profession. Do good work, be proud of what you do, help people, laugh your way to the bank.”
Robert P. Thiele, DPM, Denville, NJ, drthiele@comcast.net
Source: Podiatry Management News, September 23rd, 2011. No. #4,267
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Invesco Responds [Well – Sort of]
DATE: September 22, 2011
TO: David Marcinko
RE: Correspondence ID: 00728734
Dear Dr. Marcinko:
Thank you for visiting invesco.com. We are currently reviewing your inquiry and will have a response for you as quickly as possible. Thank you for your patience.
If you have any questions regarding the above information, please e-mail us or call one of our Client Services Representatives toll free at 1-800-959-4246 from 7:00 A.M. to 6:00 P.M. Central Time. We will be glad to answer any questions you may have.
Sincerely,
Ryan Loyd
[Correspondence Representative]
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More on Invesco
Invesco was just trying to be “cute” in this ad but also is living up to its corporate image of being somewhat reckless. Just consider how they have treated their own mutual fund clients.
In 2009, Invesco agreed to an SEC $450 million settlement after allegations of improper trading practices. A lot of Invesco’s growth in the past 10 years has come from acquiring tired, old mutual fund companies such as AIM and Van Kampen and rebranding them.
PowerShares, an Invesco owned ETF Company, is a worthy competitor in today’s investment arena, but is an exception in the Invesco portfolio. As a Financial Advisor for 25 years, I have rarely been attracted to Invesco products due to their poor performance.
Invesco is so arrogant they probably figure they do not need Physicians as clients anyway. Maybe we should help them achieve their wishes?
David K. Luke, MIM
Financial Advisor
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Dear Ryan Loyd,
We are still awaiting your response.
Thank you.
Hope Rachel Hetico RN MHA CMP™
http://www.CertifiedMedicalPlanner.org
[Managing Editor]
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Market declines hurt Invesco in second quarter
According to the Atlanta Journal-Constitution, Atlanta GA-based money management giant Invesco saw profits dip 16 percent in second quarter as the market declines chipped away at assets, the company just reported.
http://www.ajc.com/business/market-declines-hurt-invesco-1485242.html
This is big news in Hot-lanta. How about you?
Dr. David Edward Marcinko MBA
[Editor-in-Chief]
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Invesco
Never again … simply said!
Dr. Miconne
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Invesco increases assets under management
According to The Atlanta Journal-Constitution, the Invesco investment company, increased its assets under management by 11.2 percent in the first quarter from a year ago, to $787.3 billion.
http://www.ajc.com/news/business/invesco-increases-assets-under-management/nfnBp/
So, I guess this ad worked pretty well, eh!
Henry
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2020
Janus Henderson (JHG) shares popped 7.8% after The Wall Street Journal reported that Nelson Peltz’ Trian Partners amassed 9.9% stakes in both Janus and Invesco (IVZ). Shares of Invesco were up 6.7%.
Dr. David E. Marcinko MBA
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