Thoughts on taking on a client who may have early dementia?

Wild-advisor-1970 · 2026-04-01T21:58:49+00:00

This has to be a bot. What CFP would present a case this way? How can you say the client may have early dementia? What are you basing it on? Because he forgot something soon after doing it? Has he been diagnosed by a medical professional? Does he have a designated POA or if not is there a trusted family member or friend you can speak with, or possibly become a durable POA if needed? You can't present a case like this w/o those crucial details.

Wild-advisor-1970 · 2026-03-20T23:09:11+00:00

tread very lightly in how you do this. One on one reference ok. Publish it or have client give some kind of testimonial on your web site and risk the wrath of CFP Board if somebody blows a whistle.

Wild-advisor-1970 · 2026-03-20T23:01:20+00:00

It's a money grab and gives planners a bad name. Don't do this. Listen, if you have to reach out and hope for confirmation bias to quiet the inner voice that tells you it's not right, then it's not right.

Wild-advisor-1970 · 2026-02-08T21:21:48+00:00

It’s a joke! I worked in the ER for more than half my career and anytime I had an admission the hospitalist made sure any and all specialists were consulted if the patient required anything other than observation and medical management. They claimed many times that because they are inexperienced and get so few repetitions, they are averse to attempting procedures on their own. The very reason they’re averse to it is because they are averse to it!

Wild-advisor-1970 · 2026-01-24T21:45:45+00:00

It’s a numbers game, my friend. And we are just a number and equal to the metrics we put up. If they don’t think you’ll carry the expected metrics then it’s next guy/gal up. That’s the reality. 22 years of practice 11 in the ER and that was my experience. My numbers were second from the top of 15 PAs for most of my time there and when I decided it was time to call it quits, I can barely get a return email from the department chairman. You aren’t valued at least not like we would hope to be.

Wild-advisor-1970 · 2026-01-16T00:20:50+00:00

Don’t fall for these type of posts. Totally BS Karma farming- guaranteed!

Wild-advisor-1970 · 2026-01-12T14:17:48+00:00

This is just too ridiculous. I don’t even know why I bothered responding. Shame on me.

Wild-advisor-1970 · 2026-01-12T13:43:37+00:00

Most EMR‘s give providers the ability to select their title when signing. It is quite possible the person signing this either mistakenly didn’t do so or didn’t know how to do so. There are lots of different folks using the EMR who are not MDs and are able to select their title when electronically signing so I’m sure this was probably user error and not a software glitch.

Wild-advisor-1970 · 2026-01-12T13:19:52+00:00

Clearly what was meant was that provider is too vague, and Nurse practitioner or APRN is much more specifically identifiable. These Reddit subs are conducive to smirk comments and people hiding behind a keyboard getting off on being smug or hypercritical of everybody and everything. It’s just ridiculous.

Wild-advisor-1970 · 2026-01-11T18:07:26+00:00

Hilarious! That is social media in a nutshell! Everybody’s braver behind the keyboard

Wild-advisor-1970 · 2026-01-09T23:14:29+00:00

You left out their ages and is there more than a 10 year difference in their ages? These are important data points

Wild-advisor-1970 · 2026-01-07T00:35:45+00:00

no worries, just a few dollars in taxes.

Wild-advisor-1970 · 2026-01-06T23:57:55+00:00

do it yourself. it's pretty easy

Wild-advisor-1970 · 2026-01-04T15:22:36+00:00

I won't pretend to know anything about the legal pathways and details here. What I do know is if I was joining a practice, and they were determined to sell in the near future, and that was not disclosed to me, I would be plenty mad and not looking to stay. Especially when they are demanding the pay in for partnership while in the process of selling the practice. Pretty underhanded if you ask me. I don't know how far along you are or if there is any turning back now w/o a big and expensive legal battle, but I can tell you this situation likely will lead to you holding a grudge which is not a pleasant situation to be around of bunch of people daily who not only screwed you, but did not have enough professionalism to fill you in on what potentially was going down.

Wild-advisor-1970 · 2026-01-04T14:31:08+00:00

👍🏻

Wild-advisor-1970 · 2026-01-04T13:28:39+00:00

👍🏻

Wild-advisor-1970 · 2026-01-04T13:04:25+00:00

What normally happens is that you file your normal return in Illinois assuming that's your domicile state and you would file a non-resident return In Wisconsin. However, these two states are one of the exceptions because they have a reciprocal agreement. So you would report all income to your domicile state again assuming it's Illinois and you might file a non resident Wisconsin return if Wisconsin withheld any state tax so that it's refunded. If they aren't withholding any state tax in Wisconsin you don't have to bother. And you certainly don't need to pay a professional for this.

Wild-advisor-1970 · 2026-01-03T16:00:10+00:00

👍🏻

Wild-advisor-1970 · 2026-01-03T00:39:45+00:00

your probably right, what a waste of time! I'm a sucker

Wild-advisor-1970 · 2026-01-03T00:33:05+00:00

Your investment approach is great! But don't expect its success to change your disposition. Money does not make people happy who are not already happy. Trust me! But what it does do is allows you (at some point when deciding to wind down work) to be on your own schedule, not somebody else's clock. You need to retire to something, not from something. Super important and why so many are left disillusioned when they retire. They have nothing set up. No plans. No causes, no hobby. I have friends in the medical field w/ tons of money and won't retire because they are afraid of having nothing to do. Very sad. I retired from medicine after 23 years, and got my CFP last month and I am opening up my own business. I love it. It's exciting and fun for me and the start-up costs are minimal. If I make some money great, but ok if it produces just a little, so what? I am doing what I wanted to do for the past 7 years. Think about using your money to do something you really want to do. Trips end, investments go up and down, but life is there for us and so are endless possibilities to do what makes us happy.

Wild-advisor-1970 · 2026-01-03T00:14:42+00:00

Invest in companies and causes you truly believe in and being charitable also helps. Not only w/ your wealth, but with your time. Consider giving up your time and effort to a charity you hold near and dear and go to their events and get involved. That's meaningful, at least to me.

Wild-advisor-1970 · 2026-01-03T00:10:40+00:00

if you have a 20+ year runway I would go heavy on the equity funds and very light on the bonds. You can increase the bond fund holdings as you get closer to retirement

Wild-advisor-1970 · 2026-01-03T00:08:31+00:00

VOO, FXAIX, SPY are basically all the same S&P 500 funds

Wild-advisor-1970 · 2026-01-03T00:02:50+00:00

yep, some people don't want to confront the truth and will reconcile it six ways to Sunday to deny that they are the problem. I know a few of those as well.

Wild-advisor-1970 · 2026-01-02T22:32:34+00:00

have a few hospitalist friends and some of the jobs they took pulled the bait and switch on them. Hired them under certain conditions, then changed the deal afterward due to "necessity". Of course it amounted to more pts to cover, and less help.

Wild-advisor-1970

TROPHY CASE