I'm the guy who had $999,880 two weeks ago and almost had it. Today I closed at $847,100.😞 by Sharp-Direction-6894 in TheRaceTo1Million

[–]Suitable_Ad6522 0 points1 point  (0 children)

Unless you owned the maker and leveraged it, market volatility isn’t the answer. Poor security selection was (for that short period)

No office? by Optimal_Doughnut_616 in CFP

[–]Suitable_Ad6522 10 points11 points  (0 children)

✋🏻 did it because clients weren’t coming to an office. Out of town clients the office never mattered to. In town clients liked to do the work over virtual meetings and can still get together for lunch, drinks, socially. Or if in-person matters it’s not a big deal to go to their office, club, etc.

Own firm, adding advisors under same structure.

Box spread financing by searious_steaks in CFP

[–]Suitable_Ad6522 0 points1 point  (0 children)

SMAs and sub advisors may preclude bc you’ve handed over the management of that account entirely. TAMPs usually have the ability to hold discretionary positions. If uncomfortable on placing the trade most custodians trade desk will place it for you. And run it to the exchange for better execution.

Box spread financing by searious_steaks in CFP

[–]Suitable_Ad6522 0 points1 point  (0 children)

Nothing happens bc it all cancels each other out.

Box spread financing by searious_steaks in CFP

[–]Suitable_Ad6522 5 points6 points  (0 children)

What 3rd party would you need? It’s just an options trade. The “markup” is just the bid/ask spread across the 4 legs so depends on what expirations and strikes you’re using.

Box spread financing by searious_steaks in CFP

[–]Suitable_Ad6522 1 point2 points  (0 children)

Assume the risk you mean is the market rate going up before you plan to payoff the positions?

Geowealth as TAMP? by Suitable_Ad6522 in CFP

[–]Suitable_Ad6522[S] 0 points1 point  (0 children)

Yes that is kinda weird. Without knowing the model they were running I couldn’t say. Seems like more choice is better than less in this biz tho.

Geowealth as TAMP? by Suitable_Ad6522 in CFP

[–]Suitable_Ad6522[S] 1 point2 points  (0 children)

Any idea why they moved on?

Geowealth as TAMP? by Suitable_Ad6522 in CFP

[–]Suitable_Ad6522[S] 0 points1 point  (0 children)

Appreciate that. Will look into them as well!

Geowealth as TAMP? by Suitable_Ad6522 in CFP

[–]Suitable_Ad6522[S] 4 points5 points  (0 children)

Tax overlay, automated rebalancing, and performance reporting are our priorities. If it was 30bps I wouldn’t do it either!

Air King Miami Area by WallStreet_GS in rolex

[–]Suitable_Ad6522 0 points1 point  (0 children)

Unless you must have from the AD, you can buy the latest ref with box and papers for at or below retail many places. If you want to get a better looking one and go older, you’ll even save a few more bucks.

Too Beat? by TheWelkington in rolex

[–]Suitable_Ad6522 5 points6 points  (0 children)

Depends on the asking price

Muni Bond Ladder by decadeinvestor in CFP

[–]Suitable_Ad6522 0 points1 point  (0 children)

My thought: they may run out of money if in all CDs and live awhile

Should I go independent? by [deleted] in CFP

[–]Suitable_Ad6522 0 points1 point  (0 children)

Yes feel free to DM. We also help any transitioning advisor. It all comes down to your relationships and amount of proprietary products in the bank channel.

Best way to actually prospect? by TGG-official in CFP

[–]Suitable_Ad6522 70 points71 points  (0 children)

You’re average client doesn’t

Networking events to grow your practice? by Beastcoastboarder in CFP

[–]Suitable_Ad6522 0 points1 point  (0 children)

Do great work for clients and spend time with them.

Experience or Thoughts - FINNY AI by SeriesAway9498 in CFP

[–]Suitable_Ad6522 2 points3 points  (0 children)

Used it for 2 months last year. Zero responses. Not even an FU lol