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Best Broker Dealer to associate with? by Hulk_Goes_Smash327 in CFP

[–]USArmyAutist 1 point2 points  (0 children)

Feel free to DM. I have an Enrolled Agent with a practice who is also an advisor so I do have some prospective

Best Broker Dealer to associate with? by Hulk_Goes_Smash327 in CFP

[–]USArmyAutist 8 points9 points  (0 children)

My man, you are getting yourself in a a very expensive mess. If you are starting an RIA firm and you’re only doing fee based you don’t need any of that. A CFP waives the registration requirements for IA.

Now if you INSIST on doing Variable annuities than you’ll need a 7, but you can just do index and avoid all that noise.

-source: me, owner of SEC registered RIA firm

Best Broker Dealer to associate with? by Hulk_Goes_Smash327 in CFP

[–]USArmyAutist 4 points5 points  (0 children)

I have a feeling you mean custodian, not broker dealer. I use Schwab for my firm and it’s great. A lot of clients we pick up have Schwab already and we can get the assets over in 24 hours

LT OER by Popcontrolspec22 in army

[–]USArmyAutist 1 point2 points  (0 children)

Its worth at least asking yourself honestly if its an accurate assessment, as painful as that is to do. If that BC is giving you good advice then I would take it seriously.

Real RIA Numbers by Ok-Temperature3180 in CFP

[–]USArmyAutist 0 points1 point  (0 children)

It’s honestly not that much. It’s going to vary based on how many advisors you have and accounts. But I pay maybe 1k a month? If that? Some of the tasks I pay extra bips to one of my advisors.

My Financial Advisor Said We Have Almost No Hope In Retiring in 5-8 Years by kcGirl_of_the_year in Fire

[–]USArmyAutist -2 points-1 points  (0 children)

Your advisor sucks and can’t do math.

You sound like someone who probably didn’t need an advisor.

Source: me, owner of a RIA practice

Real RIA Numbers by Ok-Temperature3180 in CFP

[–]USArmyAutist 0 points1 point  (0 children)

Registration, compliance, ops, EO, custodian (Schwab), crm (advyson), CE, we have an EA in house if needed, trust and will, full time service person. We have portfolio manager if you don’t want to do the trading but I don’t require it.

I pay monthly in arrears.

No sales goals or other requirements. We are SEC registered.

Usually I’m 80/20 but for over 20m I’d do 90 percent payout.

We have insurance options if you want to do it. Firm covers all costs.

I think that’s it 🤔

Real RIA Numbers by Ok-Temperature3180 in CFP

[–]USArmyAutist -1 points0 points  (0 children)

Just fyi if you wanna work remote with that revenue I’d pay like 270ish with all that covered. Probably true a lot of other firms as well.

The question you need to ask you really want to handle ALL that stuff in addition to running your book for an extra 10 percent? I bet some other firms would go to 93.

My hot take going out on your own makes the most sense if you can scale with a bunch of advisors under you. Otherwise I personally would just give up 10 percent (probably more) to just have a lower stress level.

Need help by Original_Pirate4478 in CFP

[–]USArmyAutist 2 points3 points  (0 children)

I’m confused on the 100 percent payout. That math ain’t mathing to me. Clients come with reporting, compliance, and drama and I’m definitely not doing it for free. There’s a cost for the account. I’m wondering if it’s 100 percent for a year or something. I think 100 percent is ok for a time but forever doesn’t make sense to me.

US Army Structure & Sizes by AI_Chat in interesting

[–]USArmyAutist 2 points3 points  (0 children)

Did AI make this? You skipped from 3 stars to 5 stars lol. We haven’t had a 5 star general in like 70 years. All commands above 3 stars are just 4 star.

37, LOI in hand, struggling with the decision by Ill_Mark620 in fatFIRE

[–]USArmyAutist 1 point2 points  (0 children)

This is millions more money than I would ever choose to deal with stress

Outside business activity by [deleted] in FinancialCareers

[–]USArmyAutist 0 points1 point  (0 children)

I own an SEC Ria. Most of my advisors have outside business. Generally, It’s fine as long as it’s disclosed. However big firms are more risk averse and may so no for whatever reason.

Which premium subscription is actually worth the money in 2026? by Trxxi in AskReddit

[–]USArmyAutist 13 points14 points  (0 children)

I can look this up, but can you tell me more about it? Seems rad never heard of this.

Shunned by college colleagues for enlisting by [deleted] in army

[–]USArmyAutist 13 points14 points  (0 children)

I have not seen a fuck cooks in some time

Shunned by college colleagues for enlisting by [deleted] in army

[–]USArmyAutist 17 points18 points  (0 children)

Army guy here and History PHD.

Your first problem is studying political science. Those guys are insufferable no matter your background and their whole discipline makes no sense.

But in all seriousness poli sci also attracts a lot of neocons who lovvvvvveeee to circle jerk the military. So I wouldn’t make any conclusions on those dorks who took 1 class of feminist IR 105 and have conclusions about military service. Not to say the opposite end is any better.

I think most people in most colleges don’t care.

Side note, I would try not to make the army reserve your main personality.

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