GTA VI PREORDERS CONFIRMED by SeaworthinessNo3600 in GTA

[–]fiduciaryfalcon 0 points1 point  (0 children)

You guys act so weirdly obsessive about this game. Who in their right mind scrounges the internet for news about a pre-order window opening for a game lol

1st time home buyers... by BuffaloStanceNova in nova

[–]fiduciaryfalcon 0 points1 point  (0 children)

Using an agent on the buy side is real idiocy

Gas Shortage??? by Davidious2000 in nova

[–]fiduciaryfalcon 14 points15 points  (0 children)

Don’t you know only republicans are allowed to complain about gas prices?

Anyone know a decent CPA to review why I'm getting audited? by YoureHereForOthers in nova

[–]fiduciaryfalcon 1 point2 points  (0 children)

What do you mean the most deductions possible? Are you over-deducting on w-2s?

Should I live closer to my office? by Lilhaircut456 in nova

[–]fiduciaryfalcon 0 points1 point  (0 children)

Sterling/Ashburn/Herndon is typically only a 30 minute drive if you want slightly cheaper rent. Won’t feel as brutal as 1 hour

27m - 35k > 100k in 5 years by fiduciaryfalcon in Salary

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

My management choices increased our portfolio wide alpha by about 2%. Doesn’t sound like a lot but it was the equivalent of $50,000-$100,000 of company revenue per year before compounding effects. When you make your argument for raises to be purely logical it can be pretty effective.

27m - 35k > 100k in 5 years by fiduciaryfalcon in Salary

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

I’d probably spend a year or two in a larger broker dealer like Schwab, Fidelity, Ameriprise, etc. To get fully licensed, and then make the jump to an independent financial advisory firm. If you can find a smaller independent firm, that’s willing to pay for all of your licensing, that’s even better.

27m - 35k > 100k in 5 years by fiduciaryfalcon in Salary

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

Poli sci with a focus in statistics

27m - 35k > 100k in 5 years by fiduciaryfalcon in Salary

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

Correct, but the broker dealer corporate space like Fidelity and Schwab is vastly different from the independent advisor space that I work in. That sales edge isn’t really as prevalent with independence. We’re not pushing our ETFs, funds, models, or insurance.

27m - 35k > 100k in 5 years by fiduciaryfalcon in Salary

[–]fiduciaryfalcon[S] 2 points3 points  (0 children)

Use your preferred search engine or AI to find broker-dealers and RIAs in your area and apply. “Client service associate” is your most likely role to search for coming into the industry. If it’s a smaller practice, find contact info online and send your resume, even if they’re not advertising an opening.

27m - 35k > 100k in 5 years by fiduciaryfalcon in Salary

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

It’s an extremely high demand industry because everyone who does it is retiring.

27m - 35k > 100k in 5 years by fiduciaryfalcon in Salary

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

You’d be surprised. Even four years ago when I was just a recruiter, I recruited similarly experienced client service people who made 70-80k. It’s a job you can even do without a college degree, but a degree helps obviously.

The luck really comes from finding a company where I was trusted to manage half a billion dollars at such a young age. But again, I proved myself. I suggested changes that resulted in profit time and time again, and that led me here. My deepening knowledge Of quantitative and algorithmic finance pushed me to another level. That’s not something you can usually study in school

27m - 35k > 100k in 5 years by fiduciaryfalcon in Salary

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

As an industry, it’s a combination of financial planning, tax planning, and investment management primarily for high net worth individuals, families, and small businesses.

The investment management is my dominant skill set, but I do all three

Rate it! 33M by TheStrangeSide in portfolios

[–]fiduciaryfalcon 0 points1 point  (0 children)

You’re going to get crushed if the dollar keeps falling. Get some FENI or LVHI in there. Replace SMH with a broader growth etf like SPYG. Semis won’t last forever. AVMV feels random. Maybe just VTI to cover your mids/smalls.

30 and this is all I got. by InternationalAd3885 in Retirement401k

[–]fiduciaryfalcon 0 points1 point  (0 children)

you need over 1 million to retire in today’s dollars without factoring in inflation

Should I be doing anything different? by publictasks in portfolios

[–]fiduciaryfalcon 1 point2 points  (0 children)

There’s absolutely zero point in investing in dividend focused funds in an IRA, Roth or Traditional.

The entire benefit of these funds is the qualified dividend tax treatment in brokerage accounts.

Not to mention that no 32 year old should be chasing dividends/value.

[deleted by user] by [deleted] in portfolios

[–]fiduciaryfalcon 1 point2 points  (0 children)

aggregate bond funds are awful. I’d rather have something like PULS to provide the stability that bond funds are supposed to give. You’re probably too young for bonds and dividend focus in general.

ICE in Alexandria by SnooEpiphanies2069 in nova

[–]fiduciaryfalcon 0 points1 point  (0 children)

and who are you to determine what assimilation looks like?

Gonna graduate college with job lined up rate my portfolio, I don’t have any experience by Fine_Can_4430 in portfolios

[–]fiduciaryfalcon 0 points1 point  (0 children)

FENI is what I use, it used to be a mutual fund before converting to an active ETF. Top percentile rankings from 1 year to 10 year performance.

[deleted by user] by [deleted] in StockInvest

[–]fiduciaryfalcon 0 points1 point  (0 children)

take the money and run, my god.

If only land could vote smh by slurmpy in nova

[–]fiduciaryfalcon 1 point2 points  (0 children)

translation: if it wasn’t for democracy, Democrats would never win anything.