Wade Dokken (author)
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Wade Dokken (born March 3, 1960) is an American financial writer and
businessman A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for th ...
. Wade Dokken was raised in rural
North Dakota North Dakota () is a U.S. state in the Upper Midwest, named after the Native Americans in the United States, indigenous Dakota people, Dakota Sioux. North Dakota is bordered by the Canadian provinces of Saskatchewan and Manitoba to the north a ...
and attended the
University of North Dakota The University of North Dakota (also known as UND or North Dakota) is a public research university in Grand Forks, North Dakota. It was established by the Dakota Territorial Assembly in 1883, six years before the establishment of the state of N ...
, where he studied
political science Political science is the scientific study of politics. It is a social science dealing with systems of governance and power, and the analysis of political activities, political thought, political behavior, and associated constitutions and la ...
and
journalism Journalism is the production and distribution of reports on the interaction of events, facts, ideas, and people that are the "news of the day" and that informs society to at least some degree. The word, a noun, applies to the occupation (profes ...
. After graduating, Dokken became an account executive at
Paine Webber PaineWebber & Co. was an American investment bank and stock brokerage firm that was acquired by the Swiss bank UBS in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. Operating with t ...
. Gaining knowledge and expertise in
annuities In investment, an annuity is a series of payments made at equal intervals.Kellison, Stephen G. (1970). ''The Theory of Interest''. Homewood, Illinois: Richard D. Irwin, Inc. p. 45 Examples of annuities are regular deposits to a savings account, m ...
, Dokken went on to become the National Sales Manager at American
Skandia Skandia is a financial services corporation in Sweden. History Skandia started out as a Swedish insurance company in 1855. Today the brand operates in Europe, Latin America, and Asia. Skandia also operates an internet bank called Skandiab ...
. After being named CEO of American
Skandia Skandia is a financial services corporation in Sweden. History Skandia started out as a Swedish insurance company in 1855. Today the brand operates in Europe, Latin America, and Asia. Skandia also operates an internet bank called Skandiab ...
in 2000, Dokken partnered with Goldman Sachs to guide the sale of the company to
Prudential Financial Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both retail and institutional customers t ...
in 2003 for $1.2 billion. Dokken now lives in Bozeman, Montana, where he serves as President of Wealthvest, a financial services marketing and distribution firm specializing in fixed- and fixed-index annuities from many high-quality insurance companies. Wade Dokken is the author of ''New Century, New Deal: How to Turn Your Wages into Wealth through Social Security Choice''. The book criticizes the
Social Security Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifical ...
system for being unsustainable and suggests individuals invest in private accounts such as
annuities In investment, an annuity is a series of payments made at equal intervals.Kellison, Stephen G. (1970). ''The Theory of Interest''. Homewood, Illinois: Richard D. Irwin, Inc. p. 45 Examples of annuities are regular deposits to a savings account, m ...
, stocks, and bonds.


Publications

''New Century, New Deal: How to Turn Your Wages into Wealth through Social Security Choice'' (Regnery Publishing, 2000). ()


References

{{DEFAULTSORT:Dokken, Wade American financial businesspeople American financial writers 1960 births Living people University of North Dakota alumni