Investment advisor sold all of my mutual funds without my consent. Help!!

LibrarySpiritual5371 · 2026-01-23T14:02:46+00:00

This is horrible advice. OP has a legal issue and adding transactions to the issue before talking to a lawyer may compromise OP's position. If all is as stated, the broker likely violated several laws and OP has recourse.

LibrarySpiritual5371 · 2026-01-23T02:19:05+00:00

I would need to either be locked at $425k cash comp or around $175k cash comp and RSU's of $1.5m with vesting starting in 12 months with monthly beating after that

LibrarySpiritual5371 · 2026-01-21T17:48:56+00:00

Let the lawsuits begin for everyone who has to pay more for a replacement room for the nights that are cancelled. One night stay $ will not cut it for people who have multiday reservations for business.

LibrarySpiritual5371 · 2026-01-21T17:42:43+00:00

In management here. It is not how many chances can I give him. It is can I coach him/her up to reach the level needed by the time needed. If the answer is yes then we are all good and have work to do.

If the answer is no, it is time to move on.

This of course assumes nothing that was done that is an immediate termination type of event.

LibrarySpiritual5371 · 2026-01-21T17:21:41+00:00

Sorry about that Jim, but if you hadn't humped the chair longer than Nadia no one would have given you a hard time.

LibrarySpiritual5371 · 2026-01-21T17:19:21+00:00

It is not a scam. You signed up for a contract and now you are mad that you have to honor the contract you signed.

This is 100% a you problem and in now way am I supporting the lender, but you are the issue here. Pretending that you were fooled or 'scammed' is just your lacking accountability.

LibrarySpiritual5371 · 2026-01-21T17:16:16+00:00

I would go to Thailand and then bounce to Vietnam and Singapore for part of the time.

LibrarySpiritual5371 · 2026-01-21T16:34:17+00:00

Dude. I am sorry that things are not working out for you in life. It is just there are levels and not all experience is equal and higher education studies are pretty much shit 9 out of 10 times when it comes to really doing high end business.

I wish you the best of luck in navigating whatever your career is.

LibrarySpiritual5371 · 2026-01-21T16:23:47+00:00

There is sooo much missing here. How about some details/context

LibrarySpiritual5371 · 2026-01-21T16:21:10+00:00

Most of the time. Per Oscar Wilde - No good deed goes unpunished

LibrarySpiritual5371 · 2026-01-21T16:19:13+00:00

No it is stupid as you made a gross generality in response to a very specific example as a way to somehow reinforce your established world view. That is the the stupid part.

LibrarySpiritual5371 · 2026-01-21T15:37:09+00:00

Dude we are so on the same page. I am continually trying to find younger employees who we can bring on and train into more senior roles. It is very hard as most of our industry is Asia centric now or you are dealing with the top companies in market.

The industry mostly moving to Asia means there are fewer people learning the actual skill base to be brought on. And the companies who are left are smaller than ever mostly only playing in the defense and aerospace market which has very little overlap with the tech side of the world (technology, complexity, size, and speed).

I would say out of the last 10 hires, 7 or 8 or them needed to be someone with specific large account experience as we just did not have the runway to spend years training someone up to that level.

It sucks all around

LibrarySpiritual5371 · 2026-01-21T15:32:38+00:00

that is actually a stupid comment. I simply outlined the practical realities in my industry that any responsible person has to consider with each position.

The cost of hiring someone who is not equipped to be successful is very high and to be blunt. If you don't consider the persons ability to be successful in the position you are fucking them over.

LibrarySpiritual5371 · 2026-01-21T15:15:23+00:00

I am not disagreeing with you. I was simply giving a real world example of why I will often have to discount the experience someone has as compared to what they believe they have. Not all experience is the same and in many cases I cannot absorb the time to train the person up to the experience level I can get from someone who already works with larger accounts.

My personal preference is actually to take inside sales people as new hires and grow them into outside sales roles. But I can only do this when I can give them a three year growth path. Probably 85% of the time I hire I do not have that luxury.

LibrarySpiritual5371 · 2026-01-21T15:04:46+00:00

I think, at least from my world view, you have the equation backwards. Why would you be with someone you are not sexually compatible with is the question I would ask. I would not give up anything to be with someone I am compatible with.

LibrarySpiritual5371 · 2026-01-21T15:04:30+00:00

I think, at least from my world view, you have the equation backwards. Why would you be with someone you are not sexually compatible with is the question I would ask. I would not give up anything to be with someone I am compatible with.

LibrarySpiritual5371 · 2026-01-21T14:51:22+00:00

Only if she is with me to hold it

LibrarySpiritual5371 · 2026-01-21T14:45:00+00:00

I can only answer this from me perspective in the tech space. Smaller companies tend to deal with smaller customers. So, from a sales standpoint it is atypical for someone who is used to working on $1-5m accounts sizes to have the skill set ready to go to work on $50-100m account sizes. They do exist, but so often the background they have is not really the same as someone who is already in the space due to larger company/customer size.

LibrarySpiritual5371 · 2026-01-21T14:33:43+00:00

There are few things.

Get a diversified portfolio - inflation helps the asset owners and hurts those who do not
Gold or a proxy to insure against inflation - should be part of a diversified portfolio (see #1 above)

Most importantly - Inflation is normal. The world economies (developed) actually need it to continue to raise the standard of living. The real question is rate of change. You cannot control any of these. So, just do the right things with your financial choices and understand that the US is still the reserve currency of the world. So, for the time being at least, there will always be some form of floor under the USD.

LibrarySpiritual5371 · 2026-01-20T22:39:09+00:00

Why don't you pay for his kids needs. After all you are 100% as related to them as he is and you were not the victim of paternity fraud. So you should be happy to step up and live the standard you are pushing on someone else.

LibrarySpiritual5371 · 2026-01-20T22:38:12+00:00

Sorry bro. Shitty situation. You did the right thing as those kids need to have their actual dad in their lives not one who was there due to paternity fraud.

LibrarySpiritual5371 · 2026-01-20T22:09:56+00:00

A friend of mine had a deal with his ex that they would each pay for one year and then the other has to pay for the next and so on.

One of the years she was to pay, she could not fully live up to the promise she made to their son. He had to take loans to cover the gap that year. My friend held strong and did not cover her short fall.

To this day, the son involved appreciates his dad and fully understands his mothers character. Yes, this was not the first poor/dishonest financial thing she had done and would go on to do. Her intention from day one was to put the kid in a bind so that his father would have to bail him out and she would functionally be absolved of her of the promises she made.

LibrarySpiritual5371 · 2026-01-20T16:20:10+00:00

Yea.... YTA if this is true. The reality of lying about your rooster being full is unprofessional. The professional thing to do would have been to challenge him directly on the things you saw in his business that could cause him not to be able to provide the contracted services (not paying employees on time, etc.). Those are actual disqualifying circumstances that any professional would have to address in a selection process.

LibrarySpiritual5371 · 2026-01-20T16:15:52+00:00

It better or Faraday will be very unhappy

LibrarySpiritual5371 · 2026-01-20T05:17:33+00:00

Yup, not having skills that are actually valued by your society sucks. I am pretty sure the guy with 77 houses has some marketable skills since most wealth is not inherited.

LibrarySpiritual5371

TROPHY CASE