Words to say, questions to ask, things to do when a client who moved their money to year exactly one year ago, blind sides you with ACATS out after you’ve made 13.7% because he is conservative? GO!

like
Posting as :
works at
You are currently posting as works at

Someone probably gave him a steak dinner spiel and told them they could do better.

like

Adios..... never was a right fit

like

Exactly, probably told your fees were too high even though they might not even know what they are and caught them at their most vulnerable point. Dont take it personal and find a new one that suits your practice and personality.

like

I just lost a client who made 22% over past 12 months because he heard the freakconomics podcast on effect of compounding growth of 1% advisor fee. Eight years into a bull market, everyone's a genius!

like

Unfortunately you’ve lost already, be cordial.

like

No one ever went broke--taking a profit!!

like

They're gone, happy hunting to find their replacement.

like

@ FA 3 here is something is say when we speak about fee. “ mrs Jones the amount of money you pay in an advisory fee’s is not going change my life but I can assure you , it will change your life. Let’s talk about that “ it usually starts more questions and dialogue. That line is from Don Connolly. Good luck 🍀

like

Related Posts

Hi All,
I am bit confused currently. Please help me with genuine suggestions.I am currently working in TCS since 7 years and TCS was my first company. TCS is giving me 6.25lpa. Now I got an offer of 16lpa in CTS for Automation Testing role. But once I started talking to friends i got to know that one of my frnd has recently been fired from CTS last year due t unavailability of project. Now i am scared as I m single child of my parent and i have to pay emi and handle my household. Please suggest

like

How do first rights (ROFR) work at ones death? If the company has the right to shares anytime there’s a transfer of possession, does that mean the inheritors have to make an offer to the estate for the shares and obtain the boards approval/rejection of the offer?

like

I want to buy a new home and then sell my current home after we are moved out. Current home is a VA loan, is there any way to buy the second house on a VA loan?

like

I'm relatively new to stock market investments and have tried to build a balanced portfolio for the long term. Should I hold the stocks for long term or does it make sense to book profits in between ?

Hi fishes,

My CTC is around 12 lpa per annum. How can i avail max tax benefits?

like

Cleared client round and got email confirmation from HCL PM on offer. HR discussion is about to start.
6.8 yrs experience in Automation Testing and currently in Test Lead position. Getting hired for Implementation Analyst/Manager considering my previous responsibilities held and aspirations. My current total CTC is 15.5. How much can I expect? Also do HCL provide joining bonus?

HCL Technologies offer being delayed and recruiter keeps saying that there's a problem with their "Offer release portal system." I have already stated my issues with relocating until after I have the offer signed and ready. The project is supposed to start on the 19th and I'm supposed to join before, or on that date. It's already coming up soon and I don't have the official offer so that I can confidently start the relocation process. Has anyone else recently dealt with this?

like

what’s the ratio of equity/stocks to bond/fixed income in your Merrill lynch 401k plan?Do you make any modifications or just use recommended distribution? First job with 401k and not sure what to do!

like

Best money-tracking app out there? I've heard good things about mint???? 🤔💸🤔💸

like

I let the shame spiral get the better of me this week. Realized that I wasn’t going to be able to meet a deadline because I’d mismanaged my time and the project was more complex than I though. Rather than admit the mistake and suggest a new deadline, I just kept saying I’d send it tomorrow/later/so on. And then I stayed up basically three days straight working, which has only made me slower and more inefficient. So I’m still not done and now I’m in the pits of anxiety and exhaustion hell. FML.

like

Hi All,

I have offers in,
Fidelity Investment (equity sec) : 20.5 LPA + 3.0 L (variable) = 23.5 LPA
Wipro (Apple project) : 25LPA
Verizon : 26 LPA
I have got my retention proposal for 23.5 LPA at my current company.

Do anyone have idea on wlb in FIS and verizon. Is it a good idea to accept retention..
Which one to choose?
YOE: 8.0
Teach stack : java, Spring boot,Microservice, docker..

like

any advice on resources/connections to identify transferable skills after spending 20 years in media strategy/planning & recently client operations? ideally want to get out of hamster wheel ad agency world and into more meaningful areas like non-profit organizations, hiring diversity initiatives, etc. Open to taking pay/title/role step back if needed

like

Got picked up for a client yesterday around 1 and was not only asked to stay late last night but to also finish my workpaper today. Prior to this no one I’ve heard at my firm has ever had to work on a Saturday. Oh, and this was my first week. Am I wrong to be annoyed with this?

likefunnyhelpful

Newbie Tax filing question, worked for a US employer Jan - July in NJ and then moved and worked for a Canadian employer Sept - Dec. Work permit holder in both countries at the time. What's the best way to file taxes in both countries? Has anyone done this before? Looking for guidance, gotchas, tax filing recommendations...

like

Looking for a panty dropper used car for around 40k. What would you suggest? Considering a wide range of options from x5 to F type

like

Has anybody invested on affordable housing in Gurgaon, India? Or got any insight for a first time investor.

like

Has anyone seen data on how certain ETFs perform relative to market cycles and to each other? Does that indicate one should own a mixed basket of ETFs or just one or two broad index ETFs?

like

Digital strategist with tons of experience soup-to-nuts. At this for more years than I care to think. Any tips on finding opportunities client side? It’s only a matter of time before layoffs start

like

Does the employee get both the employer and employee contribution to PF or only own contribution to PF?

like

Align to non-M&A offering but do a lot of work in the space (DD, integrations). B4 recruiter reached out and wants me to provide resume@for review with hiring partner. Does it work if I provide a bio with summary of M&A projects (client names removed) instead of a traditional resume? Also plan to list education and previous roles.

like

More Posts

like

Can one become financially stable after being discharged from the military?

like

I joined atos paladion recently, can i expect any welcome gifts from atos.

like

What would be the designation offered in Atos Syntel for 11.6 years exp and ctc to be asked

Current ctc 20 lpa fixed
Domain SAP BODS etl

1. Why does this bowl even exist?
2. Who would rather just turn this into a Dating In DC meme page?

likefunny

What's max and min for Band 5 Business Analyst (non-tech) in Kyndryl?

like

What salary Kyndryl India provides for band 8 and how many subtype in band 8? Domain is networking and yoe is 8+

like

Any NY state plaintiffs lawyers regularly handle $25k policy MVA cases? Any tips for profitably handling these? Thanks!

like

Are we getting diwali gifts?

like

Thinking about starting my own plaintiff shop. What’s the best way to generate clients with a low marketing budget?

like

Finger Lickin' Good

Post Photo
likefunny

Starting a new job in Pyrmont in January. Where should I live? I'm a single female in my early 30s, looking for 1BR ~$500/w. Ideally somewhere near the water/beaches.

Been doing some research and Pyrmont is a pain to get to. I'm new to Sydney so any advice is much appreciated!

like

Looking for in-house work, feeling depressed about the options in Chicago. Anyone have any leads or advice?

like
like

Did anyone on here quit their consulting job before searching for their next job? Would love to hear others’ perspectives.

And now.. let me take a selfie!

Post Photo
funnylike

If you’ve had issues with BED, please share how you recovered, what has helped, etc. thank you.

like

Reminder to everyone: use your 2021 vacation time. Don’t let it pass you by just because you’re not traveling. Take a long weekend once a month to nap and eat chips in sweat pants all day. We all need to do our part to normalize self care, and sitting at home doing “nothing” is just as worthy of a vacation day as pina coladas on the beach.

likesmartupliftinghelpful

The feeling of avoiding mines buried on the gorund is one I carry at all times, and I remember the fear and the anxiety at every step. I still feel like this today, like every decision I make will lead to disaster.

like

My company is trying to get us all to vaccinate, even though I work remotely. Is this unconstitutional?

like

Additional Posts in Financial Advisors

What are your tips and tricks to have a great career in FA? What are the things you do that make you super productive and smarter everyday?

like

How do you feel right now 1-10? Why?

Do y’all carry cash? Like i know carrying cash is a good thing to do by how much average do y’all have on your person at a time?

like

Have a presentation in front of a large group tomorrow and it's giving me anxiety. Will taking a Xanax help?

like

What are some signs of burn out? This is my first professional job and i’m not sure what the signs are.

like

Anyone know a company that will provide annuities to non-US citizens, non-US residents?
If so, would they have to be expats of their country?

likefunny

Any ideas for creative ways to prospect to large numbers of people that require little to no overhead? I’m thinking seminars or workshops that don’t require paying for meals, mailers, or ads.

likefunny
like

Anyone here in Santa Barbara CA?

like

Best books to give to new young client who genuinely wants to grow and develop his interest & understanding of finance, doesn’t want to be bored, & cares about his investment accounts?

like


CFP study programs:

I'm a little confused on Danko - does he offer a self-study option for the coursework requirement? On his website it looks like each module has a 4-day virtual class which I wouldn't be able to attend due to working full time. Does this program also include self-study material, and the classes are just supplementary/optional? I was also looking at Dalton for self-study and Danko for test prep. Thoughts?

TIA

like

I'm considering hiring someone who may be required to have a series 65. How long should it take someone who is (a) smart & (b) no industry knowledge to study and pass?

like

My brother is a college student in Minnesota looking for a summer internship in our field. Is anyone here hiring or know of someone who may be willing to provide that opportunity?

like

International financial advisor. I’d like to do a hypothetical proposal for client. My go to has always been JPMorgan. They now can’t do it. Anyone else?

like

Real tips for overcoming shyness? I hear improv classes help.

like

How do you get comfortable eating alone at a restaurant?

like

Anyone have experience doing pro bono advisory for charities? Is there a good placement agency for this?

like

I have a client who needs a 401k, or a solo retirement account w loan options. When I was at UBS/Ameriprise, it was no issue but now it seems tougher to find a firm that does solo 401k as a RIA's.

likehelpful

Clients I found = 99% retention, assumed/ adopted clients = 75%. True?

like

Can some of you experienced folk recommend some good books for rookies? What are your favorites for investment strategies, marketing, selling, etc.?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal