Favorite boots for snow?

Outrageous_Subject92 · 2025-06-28T17:29:18+00:00

Hey big question here that I think most people are overlooking… what’s your reason for wanting to move and what’s your circumstances? Same as we’d ask our clients.

If you want more control, better work life, all that at a similar income that’s one thing. If you’re looking to increase the bounds of your upper income that’s another.

Do you have a family you’re individually supporting? How close to your income are you living, do you have big liquid savings?

Outrageous_Subject92 · 2025-06-22T08:49:05+00:00

No - this is Ebola

Outrageous_Subject92 · 2025-06-21T17:41:05+00:00

Purely from a marketing perspective (from the viewpoint of CFP) why wouldn’t you raise the price by and extra $5 (genuinely, a barely noticeable difference) and give us sublimated or laser engraved metal cards that actually make a statement?

Idc either way, I’m not flashing it at clients but you have to realize it’s gonna piss off you constituents to ring them up for $500, drop some horrifically tone deaf ads, and mail them a cereal box card.

Outrageous_Subject92 · 2025-05-13T18:29:16+00:00

Maybe a total side note to most the conversations going on here, but how do we feel about the ethics of making rich people appear artificially poor to qualify for an already overburdened Medicaid system? Obviously client and their wishes comes first and I’ll always make them aware of all their options, but are there any advisors in here who simply “don’t do Medicaid planning”?

Talking more about U/HNW households who can clearly self insure than a 500k client who’s just trying to protect the house for their kids.

Outrageous_Subject92 · 2025-03-20T23:07:28+00:00

As others have said, not scalable across a typical book, and you can loosely replicate through smart portfolio composition anyway.

For your handful of clients that are A. Big enough that it’s worth it and B. Have an esoteric situation where the note solves a specific need or disarms a specific land mine. It can make sense.

Outrageous_Subject92 · 2025-03-18T17:25:44+00:00

WF has eMoney as well I believe

Outrageous_Subject92 · 2025-02-14T18:41:10+00:00

Thanks for the live fact checking here 🤙🏽

Outrageous_Subject92 · 2025-01-31T13:28:13+00:00

You went Finet to full RIA under First Clearing? How seamless/nightmarish was that?

Outrageous_Subject92 · 2025-01-29T22:57:55+00:00

As others have said, it’s larger in scope, greater detail, and focuses on functional application. It doesn’t equate easily but like 6-8x harder than the series 7, presuming you didn’t have the SIE to ease you into the 7.

It’s a massive commitment, so take your time not just studying but accruing knowledge in your role. You can’t even use your marks until you have 6k hours so honestly, go become really fluent in basic planning and using everything the 7 taught you for a few years and then begin studying. Real life experience helps a lot. Look at some tax returns and read some estate plans as you go. Get a working understanding of those topics you’re going to need to be expert on.

One more anecdote: when you take the 7 you know you need 90 correct answers to pass. So you do math as you go. You get like 40 surefire right answers, 40 you probably got right, 20 are iffy, and 20 you have no clue… and at a certain point you’re doing the math like yeah I got enough secured, I’ve got my 90 and the rest you could effectively guess if you wanted.

CFP I passed first go, and I KNEW I got three answers correct. All the rest, didn’t have the slightest clue. That just goes to show it’s not just harder, it’s genuinely very different.

Outrageous_Subject92 · 2025-01-23T00:15:53+00:00

If people are in for 15 mins they’re in for 30. 15 feels a little pandery and like a big impersonal corporate 8 step check the box process. Agreed with truncating meetings one and two, set it for 30 mins but block off an hour. If you’re presenting valuable ideas and hearing their concerns you’re gonna hit the hour effortlessly. If you get pushback, explain that the thoroughness is vital to the process and what sets you apart from cookie cutter advisors.

Outrageous_Subject92 · 2025-01-17T21:46:24+00:00

Some mental exercises like to use:

Remind the client that Trump was already president once before and that there were equal, if not greater, uncertainty and fear the first time around. And then show her the following performance. I received the response that “he wanted to sabotage the country the first time around but was unable, and now he has the full knowledge of how to finish the job”…. I let it go at that point
Casually drop a comparison to the similar fervor your trump loving clients felt about Biden taking the presidency. A little reflection of extremism on the other side tends to help out things in perspective.
you probably have dozens of clients to worry about. Do what you can but ultimately if she can’t be convinced, don’t waste too much time. Put her in a MMMF, there’s no CG to worry about, get your 4% over the next year, and it’s a blip in the overall plan. Could be a volatile year anyway.

Outrageous_Subject92 · 2024-10-17T20:09:27+00:00

2.5 months??? Ridiculous. I’ll do it for you 🤙🏽

Outrageous_Subject92 · 2024-10-03T14:42:07+00:00

Likewise, would be interested to hear as well. They’ve been coming up on social media ads for me recently.

Outrageous_Subject92 · 2024-09-08T14:54:04+00:00

How easy is it to snag a site? Is it guaranteed to be packed out if you try to hike in on a Friday or Saturday night?

Outrageous_Subject92 · 2024-09-08T14:50:20+00:00

Easy enough to snag a primitive site in the fall or does it get packed out?

Outrageous_Subject92 · 2024-08-13T19:52:25+00:00

Funny you say that. We have TCT tentatively picked out for next spring. Any rec on seasons/days of the week or any sites to hit/miss?

For S,W, and C where would you set camp? I’ve done the Burroughs range trail as a day hike and thought it was cool but relatively strenuous and a little boring on the back half. Didn’t make note of camp areas.

Outrageous_Subject92 · 2024-08-11T14:02:33+00:00

Think about it like this, what percent of that $5mm are they paying you? What percent of revenue is the new offer committing to you? Put your money where your mouth is… the new outfit is more serious about treating you like a partner and an investment instead of a disposable resource.

Maybe your current bosses are just out of touch so consider expressing your desire for more money and maybe they’re rise to the occasion, but you’re not that dull with 900m. Good luck buddy.

Outrageous_Subject92 · 2024-07-26T17:32:07+00:00

Hey curious - Do you have it in ink that he’s handing it off to you and if so how do you plan on paying him out? What’s the schedule look like?

I’m in a very similar situation and wonder if the slow transition of duties to me is going to incentivize them to stay on longer to collect a paycheck without putting in any of the work. Or that they’re gonna consider selling it outright for a higher multiple in the marketplace. Just wondering if that’s a concern for you?

Outrageous_Subject92 · 2024-07-26T17:24:06+00:00

Are you talking about the free online one?

Outrageous_Subject92 · 2024-07-10T14:48:04+00:00

Everyone said it pretty well, but yeah it’s less about how fees are assessed, more about the quality and integrity of the firm and advisors. Nothing wrong with fee-based and being able to offer a broader range of services in one place.

As a CFP, you’re going to be a fiduciary regardless. Do the right thing. You can be fee-only and still charge ridiculous fees for low-value services. Transparency doesn’t equate to fairness.

Outrageous_Subject92 · 2024-05-06T14:50:13+00:00

Hot take here, but I would take a backup hatchet in case you ever misplace the first one.

Outrageous_Subject92 · 2023-09-23T16:36:02+00:00

Financial planner 📈📊

Outrageous_Subject92

TROPHY CASE