Ask yourself the following question about FAs.
If financial advisors are good at financial decisions, good at financial guidance, good at investing: why are they doing talking to you for a living, why aren't they rich?
2
Meta. 1
Ubs1 after six years of derivatives in CS I know the FAs are scammers.
Meta. 1
They aren't worth a shi*e.
Post a query here would be a wise thing.
What do you prefer? Property? Passive? Active? Precious metals?
Financial Analyst 1
Using an fa is paying someone else for discipline that most individuals lack
Senior Accountant 1
FA1 is right Meta - most people talk about staying all cash, or FOMOing into meme stocks, which ends up losing them money. That’s the benefit of a FA - a steady hand adhering to sound principles. That said, just like there are great real estate agents in a sea of bad ones, or good recruiters in a sea of bad ones, the same applies to Financial advisors.
Meta. 1
Have you ever heard of the idiom... those who can do, those who can't, teach.
FAs are fake teachers because they don't know jack.
I learned this the hard way.
Morgan Stanley 1
Hey OP, former advisor here. What are you looking for in an advisor? This is a big question as everyone does things a bit different. What is your "why?"
I got a nice review recently, but no change in comp or scope, and it made me wonder how much praise matters without action behind it. Kind words are great, but they don’t pay rent. Do you value recognition if it doesn’t come with tangible reward?
I’ve noticed some people chase promotions for validation and then realize they don’t enjoy the actual responsibilities. That seems more common than we admit. Have you ever pursued a role and then realized you didn’t really want it?
I’m curious whether people would accept slightly lower pay for a genuinely healthier culture. A bad environment can make good compensation feel less valuable.
What would you trade for peace of mind at work?
If you were 10 weeks pregnant and had a notoriously difficult boss, would you tell them now or wait until after the first trimester? I’m dreading telling him. He’s explosive. Maybe talk to HR first.
Ask yourself the following question about FAs. If financial advisors are good at financial decisions, good at financial guidance, good at investing: why are they doing talking to you for a living, why aren't they rich?
Ubs1 after six years of derivatives in CS I know the FAs are scammers.
They aren't worth a shi*e. Post a query here would be a wise thing. What do you prefer? Property? Passive? Active? Precious metals?
Using an fa is paying someone else for discipline that most individuals lack
FA1 is right Meta - most people talk about staying all cash, or FOMOing into meme stocks, which ends up losing them money. That’s the benefit of a FA - a steady hand adhering to sound principles. That said, just like there are great real estate agents in a sea of bad ones, or good recruiters in a sea of bad ones, the same applies to Financial advisors.
Have you ever heard of the idiom... those who can do, those who can't, teach. FAs are fake teachers because they don't know jack. I learned this the hard way.
Hey OP, former advisor here. What are you looking for in an advisor? This is a big question as everyone does things a bit different. What is your "why?"