This Is Not Financial Advice - Official Trailer and Release Details
As announced exclusively by The Hollywood Reporter, Legion M’s compelling doc This Is Not Financial Advice has been acquired by Fuse TV and will be released on their platform, as well as Apple TV and Amazon Prime, on January 11th! This follows the film’s Los Angeles theatrical premiere which is taking place on January 10th at the Vidiots Theater.
The film is also currently available for pre-order on Apple TV starting today, so grab your copy now at the button below:
A documentary from directors Chris Temple and Zach Ingrasci of Optimist, This Is Not Financial Advice follows Glauber “Pro” Contessoto (an immigrant working multiple jobs, living in a 220-square-foot apartment)—who gambles his life savings on a joke cryptocurrency. Two months later, he’s “The Dogecoin Millionaire”—a hero to his growing YouTube following and living proof that it’s easy to get rich online. But as Pro soon discovers, it’s even easier to lose it all.
Amateur investors like Pro must navigate a landscape of scams, bad advice, and a fear of missing out. This Is Not Financial Advice exposes the risks and rewards of today’s market through expert commentary and the anxiety-inducing stories of real people trying to make millions.
We are thrilled to share this thought provoking film with you all. Keep an eye out for further updates as we countdown to release day.
WHY LEGION M BACKED THIS FILM
For previous generations, the world of investing was a walled garden that few understood or had access to. Today, even those with no financial training can buy and sell from the palm of their hand. Asset classes have expanded from stocks and bonds to include everything from crypto and the metaverse to fractional shares of classic Jordans. Brokers—the traditional source of guidance for non-professional investors—have been replaced by TikTok influencers, subreddits, and the world of information, misinformation and manipulation that lurks on the internet.
This democratization of finance has been transformative, providing means for wealth generation to those who have never had access before. But in a world where one can “invest” in just about anything, how do you separate signal from noise, opportunities from scams, and reality from hype?
The new documentary This is Not Financial Advice — produced with the help of Legion M and its 45,000 shareholders — examines these questions by allowing the viewer to "come along for the ride" with a unique and entertaining assortment of investors using wildly different approaches to chase their fortunes. From the "Dogecoin Millionaire" who made (and lost) millions by investing his life's savings in a joke cryptocurrency to a TikTok influencer striving to demystify finance for teenage girls, This is Not Financial Advice is a wildly entertaining movie that also serves as a thoughtful examination of what it means to be an "investor" in 2023.
Love it or hate it, the new frontiers of finance are upon us, and This is Not Financial Advice does a masterful job of creating the sort of conversations needed to navigate them. For Legion M—a company whose founding premise is rooted in one of these new frontiers (equity crowdfunding)—we couldn’t be more proud to be a part of the film and the important conversations it will spark.