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Three-Test Filter for Financial Influencers

Vet creators on incentives, credentials, and cross-checks.

Problem it solves

deciding which financial creators to trust

Best for

Anyone learning investing through YouTube, TikTok, or financial media.

Not ideal for

Investors who already source information exclusively from primary filings and academic research.

Overview

Why this framework exists

The Three-Test Filter applies three checks to any financial creator: incentives, credentials, and cross-verification. Coffin draws partly from CFA Institute research showing that a large share of Gen Z investors get information from social media, making this filter a survival skill rather than a luxury.

The framework also reframes how to use creators at all: lean on them for concepts (how investing works) rather than picks (which stock to buy). 'Do your own research' is treated literally — recommendations from anyone, traditional or social, should not be the primary input to a position.

Its strength is in producing fast 'follow / unfollow / verify before acting' calls without requiring deep finance expertise.

Core principles

5 total
  1. Show me the incentives and I'll show you the outcomes.
  2. Verifiable experience matters more than self-described titles.
  3. Cross-checking against independent sources catches most fake claims.
  4. Use creators to learn concepts, not to source individual stock picks.
  5. Sensationalism in finance is a structural feature of the platforms, not a bug.

Steps

5 steps
  1. Map their incentives
    Identify how the creator gets paid: course sales, sponsorships, affiliate links, paid stock promotions. Note where their interests might diverge from yours.
    Pro tipFlag creators whose biggest income line depends on you taking immediate action.
  2. Verify credentials and experience
    Check whether claimed roles (ex-hedge-fund-manager, financial planner) can actually be confirmed externally. Plausibility and timeline matter.
    WarningA 20-year-old claiming a decade of hedge-fund experience deserves scrutiny.
  3. Cross-check the substance
    Take any specific claim, especially numbers or causal stories, and verify it against independent sources — filings, academic research, or other credible creators.
  4. Use them for concepts, not picks
    Treat creators as teachers of frameworks (how to read filings, what an ETF is) rather than as a stock-tip feed. Pull tickers from your own research.
    WarningTreat 'this stock could 10x' content as a red flag, not a tip.
  5. Audit the feed quarterly
    Review who you follow against the three tests. Drop creators who fail and seek replacements who teach concepts and disclose conflicts.

Checklist

Saved in your browser

Examples

3 cases
Sponsored exploration miners

Coffin highlights videos sponsored directly by publicly traded oil, gas, and mining exploration companies, with SEC-style disclosures attached. The pattern is structurally close to a pump-and-dump and concentrates in highly speculative names.

OutcomeStrong red flag — applying the incentives test rejects most of these immediately.
CFA study on Gen Z

He cites a CFA finding that roughly half of Gen Z investors in North America rely on social media to inform investing decisions, with about a third starting because of social media exposure.

OutcomeLegitimises social finance as a real channel while making the filter essential.
His own crisis videos

Coffin admits his crisis videos perform best because viewers are drawn to short-term risk content. He guards against tilting toward sensationalism by aligning what he says on YouTube with what he tells clients professionally.

OutcomeAn on-screen example of how to manage the incentive structure responsibly.

Common mistakes

4 traps
Trusting unverifiable bios
Accepting 'as a former hedge-fund manager' without checking whether the timeline or firm is real.
Treating disclosure as endorsement
Assuming a paid promotion is fine just because it's disclosed. Disclosure mitigates conflict; it doesn't eliminate it.
Acting on stock picks from any influencer
Buying tickers you didn't research because a creator did. Coffin treats this as bad practice across both new and traditional media.
Letting sensational tone equal authority
Confusing confident, dramatic delivery with deeper insight.

Origin story

How this framework came to be

Coffin spends part of his channel reviewing TikTok-style finance content and engages with media-literacy questions repeatedly. He borrows the third test from a CFA study he cites, combining it with his own incentives-and-credentials checks built from years inside both regulated finance and YouTube.

Source

Traced to primary
Source · PODCAST
This Is How You Build Wealth
Richard Coffin (The Plain Bagel) · 2024
Open source →