Declaring Independence

What *this* July 4th means to me

A personal message from Jonathan Broadbent

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I'm intentionally losing my company tomorrow, to try to save America. Here's what that means…

The type of company I formed over a decade ago is called "Advisory" often referred to as a “RIA” in the Financial world. Ask most any Financial Advisor in the United States what their long-term goal is (off the record) and they’re likely to answer that it’s to open a RIA. I was living the dream… until that became a nightmare.

RIA stands for Registered Investment Advisor. This is a type of company, not an individual, although, as an employee of my company, I too am the subject of a massive sea of regulations. The key word here is “Registered.” And the key question none of us ever new to ask before politics invaded Finance was, Registered with whom… and what power(s) do they have over such a company and employees?

It took 20 years to get to and then establish my own independent RIA. This included two years in “the bull pen” where a group of us basically lived like slave hermits for 24 months, subjected to all manner of indignity, then about a year and great cost to formalize and open my company. By way of example: when my now wife met my mother and went to dinner for the first time, I was not there. Awful, I know, but far worse was expected of us in the bull pen.

If you’re interested in Defunding the “woke” and getting the garbage out of your portfolio, start here, with yesterday’s interview with Matt & Drew from Inspire - they’ll run a FREE Impact Report for you, no strings attached. If you like them and hit it off, invest with them; know what you own and have investments you can be proud to own. If you do that, some of what they make comes back to support me and my work, but no pressure, the important thing is taking money away from people who hate US. The image is a link:

I've navigated over the past year into letting my RIA dissolve because UnWoke.Academy cannot be UnWoke while also being cruelly penalized and hounded by Weaponized Regulators. I cannot, in other words, by Regulated by “Wall Street” while also challenging Wall Street.

If you caught my interview with Justin Bernier from National Security Index in May, you saw that some of us working in Finance are working to expose treacherous malfeasance of Globalist, anti-American, far-Left. That interview included the revelation that companies like Blackrock are allegedly funneling U.S. pension and investment dollars into Communist China, and specifically their military ambitions. Surreptitiously funneling working Americans’ retirements into seed-funding the expansion of Communist China is not what we expect from “Wall Street”. (Connected to this are some very important questions, like who is funding China’s acquisition of U.S. land? Who is paying for China to expand their influence in the Pacific East and all over Africa and South America? Who’s funding the expanding global Surveillance State? If it’s us, via our retirement accounts, then I say it’s a bridge too far to ask us to save for a retirement that may never come… it’s tantamount to shipping munitions to an enemy.)

A RIA is about the closest anyone can get to true autonomy in the world of Finance - but only if set up as a private, independently owned RIA. That’s what I did, at great cost, in order to be completely outside any conflicts of interest, or so I thought. Once politics invaded Finance, it became Not-Okay to be conservative. I have two years of phone calls to friends all over the financial world to illustrate this point; most are fearful of mentioning that they don’t agree with some or all of what’s being mandated, for fear of losing their jobs. (Did you know? I got in really big trouble on Wall Street in 2009 when I sent a scathing letter to a major Wall Street firm admonishing them for funneling retirement monies into Blackrock. I saw a glimpse back then of the bigger issue and was threatened into silence.)

RIAs are subjected to TREMENDOUS regulation. If you’ve ever heard complaints from Doctors that their paperwork is so burdensome that they hardly have time to meet with patients (this is a common complaint), then you’re on the right path. It's so bad in my world that there are thousands of companies and an expensive array of software and lawyers who specialize in helping RIAs "manage" through Compliance... except, it's an open secret that there is no such thing as Compliance. It’s a fiction, based now upon being in someone’s good graces. I am specifically NOT in the good graces of roughly anyone involved in politics.

There are so many rules, and waivers, and variance, and overlapping agencies with conflicting rules, and endless legal battles over inane nonsense, that even examiners admit that Compliance is completely mythical and at the mercy of Regulators’ interpretation. There are regular, recurring, extreme violations that get a free pass because the people doing the violating are deemed "okay" while many of us (almost exclusively smaller firms) exhaust ourselves over contrived minutia.

I once spent ~$20k and had to be deposed in Chicago by a Regulatory Agency, in large part because my last name is Broadbent and there's an insurance agency with that same name. I learned about that insurance company via official notice from Regulators - I’d never heard of them. I do almost no work in insurance and had no idea at the time that such a company existed. There certainly was no connection or relation. But in the world of “Compliance” that doesn't matter. I was investigated anyway *and received a sternly worded letter* for my permanent Compliance file, for no apparent reason (why I paid my lawyer $2,500 for the day to sit with me for my deposition is beyond me!… he seemed pleased with himself that I only received a letter. I did nothing wrong, and we all know that, but the result was a bunch of bureaucrats getting to add a letter to some file somewhere with my name on it. I ultimately resisted the urge to make suggestions about where they might file that Compliance Letter). Meanwhile, people and things like Bernie Madolf, Wall Street firms alleged to have fictional ships on their books, Trillions in ties to Communist China, ties to human trafficking/drugs and cartels, routinely get a pass.

I'm on the radar of Regulators, I am certain, because I'm not following the rules. I'm not funneling money into far-Left companies, causes, and countries. In fact, I’m using my knowledge to expose them. Therefore Regulators have been hounding me for 28 months of "examination". For comparison; examinations normally take a few days, perhaps a week. If there are issues, like formatting a document’s margins - yes, that happened - then perhaps a month. Examinations never should take 28 months, and should not violate their own rules and policies, and should not go back ten years into old books and records. Such things are clearly meant to exhaust me, wearing me down into silence.

Starting 4 July 2024 my business model is to help the world go UnWoke while no longer being the subject of Regulators. I’m doing this via finding other Advisors who are not woke that I can suggest people invest with and by establishing the country’s first Financial PMA (under construction) which better uses existing/established laws to protect the freedoms of We The People.

This 4th of July, I intend to have no questions to answer - no clients, no assets, and no need of supposed “oversight” by Regulators who seem to hate everything I believe in, and our great nation. If you understand the world of RIA, you know this means moving to zero AUM. The exact opposite of what I'm supposed to be doing.

Here's the other thing people don't realize about all the over-regulation. The data-mining is CONSTANT.

Agencies/Regulators want every conceivable detail about every client I serve or have served. They can't even define "client" or “custody” yet want me to find out unbelievable amounts of personal detail on both and report back to them. This, in particular, was a flash-point. A major battle with Regulators ensued when I refused to hand over massive client personal data when requested. I told them repeatedly that I and my company are in their purview - they can ask for and look at anything they might want about me or the RIA, but that I will not hand over detailed information, including personal info on my clients. They blew up! Regulators sent me references to laws dictating that I had to hand over all such information - but thankfully, I can read. The laws they sited give them that authority ONLY IF I or my company is suspected of wrongdoing. I have in writing several times from them that there is no suspicion of wrongdoing. Zero. So I refused. They ratcheted up a few notches. This is how it works in my world, and the ultimate sufferer is the client - they're lied to, twisted, manipulated, overcharged, data-mined, and their money subverted into Leftist/Globalist causes. Starting 4 July, We put our foot down and build something better.

Parallel Economy.