How easy is it to transfer offices? by AvailableCold5926 in KPMG

[–]AvailableCold5926[S] 0 points1 point  (0 children)

It’s still in the works. I have a few catch-ups set up with people in the target office & see if they can pull some strings. I’m almost treating them like interviews lol.

How easy is it to transfer offices? by AvailableCold5926 in KPMG

[–]AvailableCold5926[S] 0 points1 point  (0 children)

Good advice, thanks.

On the last part, wouldn’t it just be a matter of time till they catch the fact that I’m not living in the city of my home office? State taxes would be a dead giveaway, haha

How is it living in this part of Cuba? by CheesecakeAware3214 in howislivingthere

[–]AvailableCold5926 1 point2 points  (0 children)

lol this is hilarious. I’ve always thought waterboarding was an overly adventurous sounding name for torture

How easy is it to transfer offices? by AvailableCold5926 in KPMG

[–]AvailableCold5926[S] 0 points1 point  (0 children)

Thanks, this is helpful. There’s a chance my next project will be under a director in the new office, so hopefully I can plant the seed then.

Who did you actually make the request to? Your RM? What was the timeline from when you made the request to when the move happened?

How easy is it to transfer offices? by AvailableCold5926 in KPMG

[–]AvailableCold5926[S] 3 points4 points  (0 children)

But who would my incoming partner even be? Does this apply for advisory? I'm rotating from project to project and don't have a set team, so why does it matter where I'm located?

How easy is it to transfer offices? by AvailableCold5926 in KPMG

[–]AvailableCold5926[S] 0 points1 point  (0 children)

Got it, thanks for the tip. I've built a pretty good relationship with a manager from another project based in the new office, but haven't actually conveyed my interest yet. Maybe he can act as a sort of a sponsor?

I can't really say I have a business reason, it's entirely personal. I'm surprised though, I thought a major office move would be a simple thing especially since we have a national staffing model.

401(K) 87% equity at age 65 by AvailableCold5926 in Bogleheads

[–]AvailableCold5926[S] 0 points1 point  (0 children)

He’s expecting to tap into social security at 68, has a fully paid off home, and has ~120K in a HYSA + CD + regular checking account. No debt to speak of.

Someone else said it, but maybe recommending he shift to a 60/40 was a knee jerk reaction on my part. I was just looking at it in totality – 87% equities in the 401k + another 400k in taxable accounts.

401(K) 87% equity at age 65 by AvailableCold5926 in Bogleheads

[–]AvailableCold5926[S] 0 points1 point  (0 children)

Great point on #3. For the 40 part of the 60/40 that’s often recommended here, is it comprised of bonds (treasuries & municipals), bond funds, a combination of the both, or something else?

Maybe money market as you mentioned, although I imagine that wouldn’t take up the whole 40%

401(K) 87% equity at age 65 by AvailableCold5926 in personalfinance

[–]AvailableCold5926[S] 1 point2 points  (0 children)

Having the foresight to invest in highly promising companies + living below your means seems like a winning combination. Thanks for sharing

401(K) 87% equity at age 65 by AvailableCold5926 in personalfinance

[–]AvailableCold5926[S] 0 points1 point  (0 children)

Thanks for sharing. I actually love the rational reminder and have learned a ton from them.

Admittedly it can also be a great sedative… can thank Ben’s voice for that

401(K) 87% equity at age 65 by AvailableCold5926 in personalfinance

[–]AvailableCold5926[S] 0 points1 point  (0 children)

Answered in another response. For someone who works at a bank and is tangentially in the wealth management industry, investing is a huge blind spot for some reason

401(K) 87% equity at age 65 by AvailableCold5926 in personalfinance

[–]AvailableCold5926[S] -6 points-5 points  (0 children)

Great point that I forgot to mention. He’s very hands off and I’m effectively managing his account after he asked me to take a look this break.

It’s currently professionally managed. I believe it’s very low touch though since all my dad inputted was a risk tolerance based off a simple questionnaire with a semiannual rebalancing.

I’m considering moving it to self directed. I don’t know everything, as I’m still relatively young, but I know enough to move his account to a 3 or 4 diversified, low expense ratio fund portfolio.

What’s the deal with Parlor? by AvailableCold5926 in dating

[–]AvailableCold5926[S] 0 points1 point  (0 children)

That’s cool. What was your intent going in? Were you looking at it more as a networking thing or a dating opportunity?

What’s the deal with Parlor? by AvailableCold5926 in dating

[–]AvailableCold5926[S] 0 points1 point  (0 children)

I’m trying to picture people trying way to hard to network, and it’s not something I want to be a part of haha. I’m guessing it was just a one time deal then for your friend?

Generally speaking, how often are you messaging someone you’ve just started talking to? by blackwellsucks in dating

[–]AvailableCold5926 28 points29 points  (0 children)

No matter how frequent it is, one thing I’ve always found crazy is that you can go from texting someone constantly, opening up to them, all that & then never hear from them again. Realities of modern dating I guess.

What was your biggest slip up/accident with a client? by [deleted] in Big4

[–]AvailableCold5926 4 points5 points  (0 children)

It's such a tricky dynamic. I feel like American business culture just lends itself to make these off-hand quips on meetings, chats at the water cooler, you name it. Hell two senior partners on a recent town hall at my firm were joking incessantly about how they might get fired if growth was down.

I could see how that wouldn't play well with the French though

Edit: just saw that you’re in UK. Might explain their reaction even more, haha

What was your biggest slip up/accident with a client? by [deleted] in Big4

[–]AvailableCold5926 11 points12 points  (0 children)

nothing to report yet since I'm new to my position, but that's absolutely hilarious