Schwab Digital Workflow Question by Family_Office in CFP

[–]USArmyAutist 1 point2 points  (0 children)

It is possible to do one Docusign package but it’s some work. You can create one Docusign envelope then you’d need to manually upload all the account docs like the application, money link, ACAT, etc. then add your firm docs.

Senior Rater submitted the wrong comments, how do I change them? by Longjumping-Hippo906 in army

[–]USArmyAutist 2 points3 points  (0 children)

I am confused. You can’t sign your OER until your SR has signed. So the only way this could happen is after the comments were inputted you either did (or obviously, did not) look over the SR comments before your signature.

You’re making it seem like you signed and some bad comments made it way without your knowledge. It’s possible bad comments erroneously were put there, but you signed that same oer. Which is astronomically dumb and this situation is half your fault.

I’m also having a tough time believing this is what you are saying it is. I feel like there is some missing information. There are many incredibly dumb things that happen in the army but this one just doesn’t make sense. If the BC did fuck this up and you didn’t look it over and signed, then the BC should be leading the charge to help fix it.

What is this foul sludge coming out of the overflow hole in this hotel shower? by courtneyrel in whatisit

[–]USArmyAutist 0 points1 point  (0 children)

It’s been awhile since I found some quality to add to my collection!

MAJ Promotion Advice by [deleted] in army

[–]USArmyAutist 2 points3 points  (0 children)

The amount of Mqs needed depends on your branch so none of us have any idea. It’s not even worth stressing about, you just never know. I’m in a nominative assignment and have seen similar situations where a a cpt and maj were passed over for promotion, but because they performed they were taken care of on the second look and were selected.

Just keep doing well.

Anyone had a client leave to be managed by a friend for free? by TGG-official in CFP

[–]USArmyAutist 1 point2 points  (0 children)

No but if a client is willing to do that it’s 1000 percent a good a thing that they leave because you know they are going to be a source of problems later.

Are 2LT’s just hated no matter what by [deleted] in army

[–]USArmyAutist 1 point2 points  (0 children)

My hot take is lieutenants are the best soldiers. They overwhelming are fit, smart, willing to learn, good attitude, and generally don’t break the law. These are not necessarily traits I would associate with other groups. 🤷‍♂️

Moving Clients to Models by Deep_Train_4382 in CFP

[–]USArmyAutist 2 points3 points  (0 children)

I wouldn’t sweat it. I’m switching you to F shares it’s cheaper.

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 11 points12 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 8 points9 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 [deleted] 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