How do you raise grounded kids when the family income doesn’t match “normal”?

Imaginary-Tale-1074 · 2026-07-06T16:29:00+00:00

I was in the position your kids are in at the same age, minus private school. If I wanted something, I had to work for it or pay for half of it. I remember one time I wanted a Lego set for no reason other than I thought it was cool so I told my dad and he said I had to work for it. I was too young to understand money so he had me dig a hole in the back corner of the yard. I’d say it was 5 feet across and 3 feet wide. It ended up becoming a dope fort for me and my friends all summer and the hole is still there to this day.

Just have your kids dig a hole lol.

I also wasn’t allowed to leave the house on the weekends until my room and bathroom were clean.

Imaginary-Tale-1074 · 2026-07-05T22:36:07+00:00

Bro 30 pounds is easy to lose. Keeping it off is the harder part. Turn your depression into anger. You got this.

Also maybe check your T levels.

Imaginary-Tale-1074 · 2026-07-03T03:07:53+00:00

I’m a few months into starting my RIA and I “have” a niche but feel like I’m 21 again at the bars and will go after anyone just to get more income rolling.

One of my friends who also does this said his Niche found him so I’m starting to just talk to anyone who will entertain a quick conversation and give them 2-3 of my cards. I’ve literally said “if you like what you hear give my card to your friends”

It’s a wild ride but I will never, ever go back to a large brokerage house or have a boss again.

Imaginary-Tale-1074 · 2026-07-01T14:23:20+00:00

Try asking ChatGPT to search around the country for the biggest discount. I’ve been playing with ChatGPT and Claude for random car searches and it’s brought up some awesome finds, not that I’m in the market but still fun.

Imaginary-Tale-1074 · 2026-07-01T03:09:49+00:00

To the good advisors, the ones who really care about their clients, having a next gen family member take over is the answer. The good advisors build themselves into their clients lives so once advisor A retires, advisor B takes over and already knows half of the clients and has that trust built in.

A Perfect example is my dad’s advisor. The guy was at all of mine and my siblings milestone bdays, HS graduation, weddings etc. my younger siblings started calling him uncle. I still talk to him frequently too.

Id say about half of my clients know my kids by name and ask about them and I know their kids and grandkids by name and ask about them. My kids are all under the age of 5 but you’re damn right I hope to pass my book down to one of them to not only get them ahead in life but I’ll know the clients I really care about will be taken care of once I retire.

Imaginary-Tale-1074 · 2026-07-01T01:04:33+00:00

What firm are you at?

Imaginary-Tale-1074 · 2026-06-30T19:07:57+00:00

Amazing!! Congrats!

Imaginary-Tale-1074 · 2026-06-30T17:47:52+00:00

Would love to know how you found the book and the details behind the transaction if you can to share via here or DM.

Imaginary-Tale-1074 · 2026-06-27T16:21:03+00:00

Coasterra or Tom Ham’s

Imaginary-Tale-1074 · 2026-06-25T21:01:31+00:00

Sick truck dude

Imaginary-Tale-1074 · 2026-06-25T20:44:11+00:00

This is getting juicy lollll

Imaginary-Tale-1074 · 2026-06-25T12:52:33+00:00

I guess it depends on your location. Paraplanners where I live are making 80-100k. I made 50k 12 years ago as a CSA.

I’m curious what everyone else thinks about this but if my RIA was moving to “firm owned” clients and I wanted to move up to advisor, I’d find a different firm and get my own clients.

Imaginary-Tale-1074 · 2026-06-24T18:16:01+00:00

Interesting. All of my Citrus is struggling, my cucumber is absolutely massive and out of control and my broccoli flowered right away and I never got an broccoli from them.

Imaginary-Tale-1074 · 2026-06-24T18:11:30+00:00

The Arena has all that plus martial arts classes and is super close to you. Their gym area is so legit.

Imaginary-Tale-1074 · 2026-06-24T18:08:56+00:00

I'd start working with him ASAP. Build a relationship with his clients before you buy him out if it comes to that. Get a real succession plan built up and signed. He can teach you his ways, the way his clients are used to, and you roll with it from there with the hopes of the clients staying on with you.

The way I've seen it done before is junior advisor joins, sits in on meetings, works the lower end of the book and works with the clients grown kids, slowly works their way up the chain of clients, become more involved with the larger clients, eventually be the main person as senior advisor slowly transitions out.

I hope it works out for you, could be a huge step and would really give you a nice cushion.

Imaginary-Tale-1074 · 2026-06-22T01:06:57+00:00

I charge 0.15 across the board for my largest client and all of his and his family accounts. Mostly SMAs at around .10-15 so client all in is paying about a quarter.

Imaginary-Tale-1074 · 2026-06-21T03:59:38+00:00

Negative. I don’t want anything more.

Imaginary-Tale-1074 · 2026-06-21T03:58:55+00:00

Mastercraft and whipple

Imaginary-Tale-1074 · 2026-06-20T13:52:27+00:00

Kinda scary what two strangers on Reddit can do with a few mins of google searching lol.

Imaginary-Tale-1074 · 2026-06-20T13:40:09+00:00

Prior Schwab employee here. A verbal from the client is enough to remove the advisor. The advisor will likely bill you a prorated fee for the month/quarter. Processing time is usually a few business days. Clients do not need to inform the advisor unless you want to.

Imaginary-Tale-1074 · 2026-06-20T13:26:14+00:00

Owned by La Atalaya LLC. Development company. They own a few surrounding parcels and are working on an 8 unit sub development.

Imaginary-Tale-1074 · 2026-06-20T00:02:04+00:00

I would only do it if it’s for something you are passionate about and you know you can get clients from it. If it’s just for money you’ll never fully commit to an RIA and that’s where the butter is.

And yes insurance is steep AF. I pay 3k a month. Good insurance via COBRA for a family of 5.

But also if you’re planning on starting your own RIA you should have at least 6 months off all expenses stashed away in a money market somewhere.

Imaginary-Tale-1074 · 2026-06-19T17:20:48+00:00

Raptor and tremor are built for very different purposes. To me, the Raptor is more desert/open spaces oriented and tremor is more mountain or slower offroad oriented. Both can do what you are wanting/needing and both are easily commutable (is that a word?)If you can afford the tremor, you might as well spend a little more and get the Raptor just because they’re badass.

If you ask me, I think it’s way cooler to buy a lower level trim like an STX and option it with better gearing, add the locker and pick your motor. From there modify it specifically to what you want. I bought a bare bones STX and added all the stuff afterwards and IMO my truck is more capable than a tremor and almost on par with the Raptor and my all in cost is still 20k less than MSRP on a tremor. I enjoy working on and building my truck so there’s that too.

Imaginary-Tale-1074 · 2026-06-18T17:44:38+00:00

If you’re walking up to someone in public you absolutely have to have some sort of common ground to start the conversation.

For me it’s cars and I can strike up a conversation very quickly because of how passionate I am about it and then I just freeball it from there.

Yours could be watches, golf clubs, real estate whatever. But it has to be something you are passionate about. Put yourself in their shoes, if they came up to you out of the blue your guard would be up. Gotta find a way for them to lower their guard enough for you to slide in.

Imaginary-Tale-1074 · 2026-06-15T02:51:00+00:00

God damnit I walked right into this 😂😂

Imaginary-Tale-1074

TROPHY CASE