30 yr old client wants to move to a cash position bc we’ve lost what he deems too be too much this year. I’m new so my first real conversation like this. How do you approach it? What would you say?

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Looking for ‘thank you’ gift ideas for a CPA whose referral resulted in a $27M account. Any ideas for something in the $3 - $5 thousand range?

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Fee only advisors, what do you charge per session? I’m thinking of branching off and becoming an independent advisor versus my current role at a bank. I’m an advisor at Merrill Edge now

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Who here has given their clients a referral sheet and actually gotten it back with names? My lead advisor insists that I do this and give them a deadline to get it back. This makes me cringe. Cont..

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What is your “go to” sentence or paragraph when asking for a referral?

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I sit in a chair for 9+ hours a day, I have a 49 mile commute so that's an additional almost 3 hours in the sitting position. Then I sit at home and study every other hour. ALL I DO IS SIT.

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Would you take a high salary ($80k+) but minimal bonuses, or low salary (less than $30k) with unlimited bonus/commission potential? I’m in between two offers for a private banker role

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I just referred our Investment Bank an underwriting deal for 100M bond issuance for a US City....any idea what the fee is to underwrite the deal? I’m trying to calculate my FA referral fee

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Fresh out of college. Starting as a CA at a wire with a $1 bil AUM group with the idea of me moving into an FA role as I learn the industry and build a book. Any tips would help.

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Your best comeback stories? Ever had someone fuck you over, only to find yourself in a position of power over them years later? How sweet is sweet revenge?

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Do any of you have a side hustle job outside of your role as an advisor to make extra income? If so, what, how much extra income, time commitment, etc?

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What do you do if a client is out of state but wants a referral for a CPA, estate planning attorney, etc? I asked my local contacts but they are not licensed in the other state.

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What’s your firm’s position with regard to the regulation of the CFP standards coming Oct 1st?

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What certifications would be good to get as someone who is fresh out of college and in their first role?

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FA rules to live by: 1. Never take on another advisors headache client. 2. Never take on a headache client just because they were a referral from a good client. Both have burned me!

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When negotiating compensation at a new company, new role, should I tell them (or omit) what I make now?

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When having lunch with a referral what are some talking points that you come prepared with?

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What do you say when you’re emailing a referral for the first time to reach out to them? I don’t know what to say and I don’t want to write anything stupid or put them off by saying the wrong thing!

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How do you get folks to understand that having a fully funded emergency fund is the foundation of a healthy financial position? I have a young client that I took on bc his parents are huge...continued

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Best methods of hiring an assistant? Need help with Account opening & updates, processing distributions, scheduling and updating financial plans.

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What do you do if a client is out of state but wants a referral for a CPA, estate planning attorney, etc? I asked my local contacts but they are not licensed in the other state.

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Curious to see what factors make you want to give someone you don’t know a referral after a phone call / what a “good” phone call looks like?

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Looking for ‘thank you’ gift ideas for a CPA whose referral resulted in a $27M account. Any ideas for something in the $3 - $5 thousand range?

likeuplifting
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I met an attorney through a friend. He agreed to meet with me and try to develop a referral relationship. He is part of a large law firm that specializes in elder law. Any suggestions ?

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Does anyone else accept phone interview requests when you love your current role? It’s really very refreshing.

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For those that work at an RIA and are relatively “young” advisors - what’s your compensation structure? Base + bonus + referral fees? Split rep fee?

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Hiring managers, have you ever received a hand written thank you card? What are your impressions initially?

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Do any of you have a side hustle job outside of your role as an advisor to make extra income? If so, what, how much extra income, time commitment, etc?

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Culture at PIMCO? Considering a role there (non-Investments)

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What’s your test when you're looking for a new assistant? In the process of hiring my first one

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Your best comeback stories? Ever had someone fuck you over, only to find yourself in a position of power over them years later? How sweet is sweet revenge?

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I just referred our Investment Bank an underwriting deal for 100M bond issuance for a US City....any idea what the fee is to underwrite the deal? I’m trying to calculate my FA referral fee

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I didn’t think this day would come so soon but I’m ready to look at jobs. After updating your resume, any tips on next steps? How did you go about searching? Recruiter, LinkedIn, referral?

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