Coping with the minefield: Confronting investors

Financial author Dan Solin tells a story of how he spoke with a young married man with $50,000 to invest and no life insurance. Solin directed the man to an insurance agent and ordered him to get himself insured, which is a responsible course of action. Then Solin sounds off on brokers and advisors in general, though, whom he feels if not outright dishonest, probably would have directed this same man into a large investment of some kind with no thought to the most basic protection insurance provides. Is he right?