Screening & Discussion of HBO's The Wizard of Lies - June 7th

HBO’s new film The Wizard of Lies, starring Robert De Niro as fraudster Bernie Madoff and Michelle Pfeiffer as his wife, calls attention to the risks investors face from bad financial advice. Rebalance, a Bethesda-based retirement investment firm, will show highlights from the film followed by an educationally-focused panel discussion on June 7th from 7 – 8:30 p.m. at Hera Hub, located at 5028 Wisconsin Avenue, NW in Washington, DC.

The program will focus on how investors can protect their retirement savings from conflicts of interest in light of the new fiduciary rule. Last week, Labor Secretary Alexander Acosta announced that he will allow the landmark Obama-era regulation designed to protect individuals from unscrupulous financial advisors, to go into effect on June 9th.

Every year, American retirement investors lose an estimated $17 billion to hidden fees and conflicted investment advice.

Retirement savings are more than just a bank account—they represent the product of our work and the sacrifices we make throughout our lives in order to support ourselves and our families,” said Rebalance Managing Director Scott Puritz. “This program will help investors learn how to protect themselves from financial professionals who give self-serving advice and will share best practices for prudently growing your retirement savings.

Moderated by Puritz, the educationally-focused panel will include Phyllis Borzi, former assistant secretary for employee benefits security of the U.S. Department of Labor and chief architect of the fiduciary rule; Congressman Jamie Raskin (Maryland’s 8th District); and Elizabeth Kelly, chief of staff at United Income and former special assistant to the president at the White House National Economic Council.

The event is free, but an RSVP is requested. For more information and to RSVP please visit

Rebalance is one of America’s leading investment firms that is at the forefront of providing consumers with a fundamentally different and better set of retirement investment options: lower costs, “endowment-quality” globally-diversified retirement investment portfolios, and systematic rebalancing. This investment approach is combined with a team of sophisticated and highly credentialed finance professionals who provide advice that is unbiased and focuses on the client’s long-term retirement investment goals. Rebalance is headquartered in Palo Alto, CA and Bethesda, MD, and currently manages more than $466 million of client assets. More information is available at

CONTACT: Robyn Miller-Tarnoff, 703-405-8355, [email protected]