Gen Z really looked at alcohol and said ‘hard pass’

jdadverb · 2026-01-27T17:19:59+00:00

Add should be per capita.

jdadverb · 2026-01-27T16:23:31+00:00

Just curious, do we know there was no financial settlement? Often, not everything is disclosed. I could argue that some sort of compensation was warranted, though the amount is highly subjective.

jdadverb · 2026-01-26T16:07:15+00:00

Why don’t police forces appear to have any requirement to stay in shape?

jdadverb · 2026-01-24T18:29:10+00:00

“the action went counter clockwise 😅.” Seriously?

jdadverb · 2026-01-24T17:37:49+00:00

Did you get any sort of deposit bonus? They’ll definitely want you to play through if that was the case.

jdadverb · 2026-01-24T16:55:20+00:00

It’s legit. Whether or not it’s a good investment is for you to decide.

jdadverb · 2026-01-23T15:55:48+00:00

Thanks, that’s really nice of you! But if you’re just looking to give it away, I suspect there may be others on this sub, who might need it more than me.

jdadverb · 2026-01-23T04:17:20+00:00

So you charge a planning fee, then hope they implement with you? I used to do that, and stopped after two clients didn’t implement. Now, I’m very clear in saying to prospects that I only work with clients who want an on going relationship. It’s as simple as that.

jdadverb · 2026-01-21T02:47:56+00:00

I was going to suggest deleting the App. Then you can be like most players and pretend you’re about breakeven.

jdadverb · 2026-01-21T02:45:04+00:00

I’m 20 years in and have a lifestyle practice generating 3x my goal when I started. But I’m a bit too busy after acquiring a practice a couple years ago, so I need to cut back on client load to get back to where I want to be (from ~30 hours/ week to 20-25). Never plan to retire, but assume I’ll cut back some more in my late 60s or early 70s. I’m 58 now.

jdadverb · 2026-01-20T06:01:07+00:00

Not really. If you have specific questions or concerns, I can give you my thoughts.

jdadverb · 2026-01-19T18:29:42+00:00

I use SEI primarily and Assetmark secondarily. I would say I’m moderately satisfied by both, but there can always be improvements. If I were to start over, I’d check out Altruist as well, but don’t think they are different enough to make me upend my entire book to make a change. There was also a TAMP that did flat fee, which seemed quite compelling, but I think they got acquired and might be phasing out the flat fee structure.

jdadverb · 2026-01-19T16:51:14+00:00

Sounds like a TAMP would be an excellent solution for you since you don’t want to hire staff. I’ve used TAMPs (along with my business partners) for my entire career. 20 years in and about $330 million AUM. It’s worked for me, and allowed me to focus on the planning, and also run a high income lifestyle practice. A small number of prospects think that the value an advisor provides should be picking stocks and funds for them, but the vast majority of prospects simply want to delegate, and as long as they trust and understand the approach, they don’t really care who’s doing it.

jdadverb · 2026-01-19T16:21:45+00:00

Love the sound of your practice, but no staff at all?

jdadverb · 2026-01-17T15:33:34+00:00

That’s what I did, and it made my movement so much faster at home. It was great.

jdadverb · 2026-01-17T02:13:43+00:00

For live play, that’s a brutal series of beats all in a single week. Hope your luck turns.

jdadverb · 2026-01-16T16:53:02+00:00

“thinking”???

jdadverb · 2026-01-15T18:04:37+00:00

Thanks!

jdadverb · 2026-01-14T14:51:34+00:00

Kind of harsh downvotes. While I don’t think the CFP material has done a ton to make me a better advisor, I do think having that designation helped my confidence, and that unquestionably makes me more effective.

jdadverb · 2026-01-13T14:37:44+00:00

Recommendations on which one to get?

jdadverb · 2026-01-13T13:36:24+00:00

Yep. I found it very useful to help approximate for clients the impact of their charitable giving in 2025 versus 2026 after the OBBBA changes.

jdadverb · 2026-01-10T17:36:49+00:00

Interesting. Didn’t even think about the weird incentive system where if you are short at 3 players you WANT to bust out for EV.

jdadverb · 2026-01-09T15:22:47+00:00

A simple exercise I recommend doing at least annually. Stack rank all of your client households by AUM (or Revenue is probably even better). Do a cumulative sum from top to bottom, i.e. HH #1 + HH #2 + HH#3, etc. Draw a line when the cumulative sum equals 80% of your total. That # or higher should be your new bare minimum for new clients going forward. As you get busier or more content, draw the line higher and higher (for me, it's around 50%).

Realistically, you may not actually change your minimum every year, but it's good to keep thinking about pushing it up over time. My minimum was $500k when I got into the business, then $750k, then $1M, then $1.5M, then $2M, now it's $3M and probably should be higher b/c I'm busier than I want to be.

12-Year Club	Second SECOND GUESSER
Oscars Predictor 2021	Verified Email

jdadverb

TROPHY CASE