Why Insider Ownership Matters | Haren Bhakta, CFA | The Power of Integrity Podcast

In this powerful episode of The Power of Integrity Podcast, host Ralph Adamo sits down with Haren Bhakta, CFA—a chartered financial analyst, wealth advisor, and creator of the Insider Ownership Index. Haren shares how an early fascination with the stock market, a hard lesson during the dot-com crash, and years at firms like Merrill Lynch and Morgan Stanley shaped his career and philosophy.

He also reveals the thinking behind his innovative index: a “skin in the game” approach that reweights S&P 500 companies based on insider ownership rather than market cap. For Haren, insider ownership is a direct signal of commitment, conviction, and long-term integrity from corporate leaders.

Together, Ralph and Haren explore how integrity shows up in investing, advisory work, personal ethics, and the difficult decisions that reveal who we truly are.

• 📈 Why Insider Ownership Matters: How Haren’s index rewards companies where executives invest their own money—and why those firms often outperform long-term
• 🧭 Integrity in Financial Advice: Haren explains fee structures, alignment, and why doing “what’s right, not what’s legal” is essential to ethical advisory work
• 🚨 A Real Integrity Test: The story of refusing a $200,000 withdrawal request until the rightful owner approved it—even when the rules said otherwise

"Sometimes the law says you can do something, but ethics say you shouldn’t. You always have to operate a couple of feet above the law." — Haren Bhakta

If you value principled leadership, ethical decision-making, and thoughtful approaches to building long-term wealth, this episode is a must-listen. Subscribe to The Power of Integrity Podcast, share this conversation with someone who cares about honesty in finance, and explore how integrity can elevate your personal and professional life.

👤 Guest Contact Information:

🌐 Website: https://insiderownership.com 📧 Email: [e-mail]

Connect with Ralph Adamo:

• LinkedIn: https://www.linkedin.com/in/ralph-adamo/
• Website: http://www.integrityiwm.com/
• Website: https://www.integrityatwork.com/
• Podbean: https://thepowerofintegrity.podbean.com/
• YouTube: https://www.youtube.com/@integritywealthmanagement9812

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Disclaimer:

Ralph Adamo is registered with and securities are offered through Kovack Securities, Inc., Member FINRA/SIPC, 6451 N. Federal Highway, Suite 1201, Ft. Lauderdale, FL 33308. Tel: [phone]. Investment advisory services are offered through Kovack Advisors, Inc. Integrity Wealth Management is not affiliated with Kovack Securities, Inc. or Kovack Advisors, Inc.

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