Contract

His fees are just as hidden as yours.  The expenses on funds, annuities, etc.

Although 3rd and Amp2Indy can likely answer this question better, the $500 is for planning services, I think. 

Please call me out if I am wrong.

Also, your clients sign a contract.  They just don’t read it and likely neither do you.  It’s called an account agreement form.

I understand the client agreement form, but we don’t sign our clients up for terms. His contract is for 1 year.  I also understand how we make our money, but for them to make $500 and trails off mutual funds just doesn’t seem correct. Is it possible they are throwing him all in C shares and thats why they are able to only charge $500? What about the stock. I’m just trying to understand this contract, so that I can give him a good opinion.

shoot me a message with the contract (remove the personal info) and I’ll review it for you.

The planning is a separate service from what I understand. 

They are likely not charging on the stock, but then again I’m not sure.

His contact likely is like the IRA agreements at Jones.  If you leave before your next IRA billing date, they charge you that, plus a termination fee. 

My guess is they will charge him that $500 if he leaves before the year is up.

Just a way for them to insure they are going to be getting fees.

To be honest, it’s like selling someone Franklin Templeton Funds, taking the commission, and getting an immediate trail.  Is it really so different?

I do not have it in front of me. He was wanting me to  look at his statement, which he will be mailing to me.  What can you tell me about these contracts.

“When participating in ongoing financial planning, you pay a fee annually. If you also own an Ameriprise Financial investment or brokerage account, there may be additional brokerage fees and commissions.”

I’ve never seen the contract, but I would be surprised if it was a contract that can’t be cancelled by either party without penalty (well, it is Ameriprise).

Wet - Did you used to work for Ameriprise? To me it looks like the $500 a year is for the financial planning only and he doesn’t realize that he is also paying for the transactions.

Tell him he won’t pay anything annually with you. Put him in 1 fund family and there is no charge!

[quote=Ron 14]Tell him he won’t pay anything annually with you. Put him in 1 fund family and there is no charge![/quote]

And that would be a lie.

[quote=Ronnie Dobbs]Wet - Did you used to work for Ameriprise? To me it looks like the $500 a year is for the financial planning only and he doesn’t realize that he is also paying for the transactions.[/quote] .

Nevermind, I just flopped my balls out and called a local Ameriprise CFP.  The $500 is for the financial planning. He is paying for the transactions as well, or in a wrap account. Nonetheless he is paying more than the $500 and doesn’t know he is.

He knows.  He’s just playin’ you.

Actually i just spoke with the client again. He didn’t know. He’s pretty pissed about it though.  YaY for me!..I’m off to see how the world ends…

If this guy has a wrap account the fee he's paying is going to be stamped on his statement.  He's not in a wrap account.

Actually i just spoke with the client again. He didn’t know. He’s pretty pissed about it though. YaY for me!..I’m off to see how the world ends…

lol @ $500/yr for "financial planning"

[quote=Ronnie Dobbs] Actually i just spoke with the client again. He didn’t know. He’s pretty pissed about it though. YaY for me!..I’m off to see how the world ends…

I surprised FINRA has not put a tent up outside your office with all the shady advisors you uncover.

I surprised FINRA has not put a tent up outside your office with all the shady advisors you uncover.

I think Windy does what he feels is best for his clients.

[quote=voltmoie] I surprised FINRA has not put a tent up outside your office with all the shady advisors you uncover.

[/quote]



You gotta admit man. To tell a client that they don’t pay you a dime and that you get paid from the investment company. That’s shady…He’s just trying to dance around tell him there is a fee.



I will say however. When I spoke to the client, the majority of his 1.4M is in his 401k. Considering his dad loved me and he wants me to look at it, if this advisor is screwing him, thats one huge rollover for Windy!

Is it in B shares? Most of that ameriprise crap I come across is.

I don’t know. I’ll see when he sends me the statements. I figured he might be in all C or B shares, but the CFP that I called from Ameriprise here told me that he’s paying transactional or wrap fees not just $500 annually.

Windy, you love to rip on other FA's saying they are scumbags when more than likely the clients are dumb as sh*t and wouldnt remember what they were told anyways. I have sat there and explained mutual funds fees 4, 5, 6 times with people and 6 months later they ask me how it works again. Clients are dumb.

[quote=Ron 14]Tell him he won’t pay anything annually with you. Put him in 1 fund family and there is no charge![/quote]

And that would be a lie.

Windy, you love to rip on other FA’s saying they are scumbags when more than likely the clients are dumb as sh*t and wouldnt remember what they were told anyways. I have sat there and explained mutual funds fees 4, 5, 6 times with people and 6 months later they ask me how it works again. Clients are dumb.

The advisor is probably charging the planning fee as a "retainer" for his services. If the guy doesn't make trades then it can not stay in a wrap account and will not produce commisions in a brokerage account. I have seen it before in small accounts that have a large 401k at their employer.

He told the client “You don’t pay me a dime! I make my money from the investment company that you put your money with, not you”.

Well d***head, it is a possibility that the client is lying to you about what the advisor told him or he doesn’t understand the process. You didn’t hear the conversation so you have no idea what went down. This current advisor may be doing right for the client. How the hell do you know when you haven’t seen a statement?

It seems there are a lot of crooks working as advisors in the bible belt, or windy believes the Jones crap about how everyone else bangs clients in the ass and Jones is the only honorable B/D.  On a serious note, I think this has more to do with windys inexperience than anything else, I used to think all other brokers were crooks when I first started too. 

I think on the whole most advisors do what they think is best for their clients, it’s just that some of them are lax on explaining fees or the clients forget all together.  Don’t believe either of those make the advisor a crook but there is an ethical line we should all hold.

For example, Jone’s runs around touting A-shares telling the clients they simply pay the upfront and never have to pay again.  It’s pretty doubtful most advisors get into the 12b1 fees.  Why?  Because it defeats their argument.  Same thing with Advisory Solutions, lots of guys sell it on the 1.35% fee and never get into the mutual fund exp. fees.

The folks in my area are so loyal to their advisors they don’t care that they’ve been fleaced with the same C share fund for the last 12 years … They would rather do business with the guy whom they’ve know their whole life.  You can’t help them all…

I agree with Ron and Moraen on this one. Clients do not listen or remember the fees disclosed.



Volt- I always talk about the 12(b)1 fees when presenting. It’s part of the A share C share comparison. I give them both options and let them choose.

It seems there are a lot of crooks working as advisors in the bible belt, or windy believes the Jones crap about how everyone else bangs clients in the ass and Jones is the only honorable B/D. On a serious note, I think this has more to do with windys inexperience than anything else, I used to think all other brokers were crooks when I first started too.

I never said the advisor was a crook. I said he was a dbag. There is a difference. Anytime you disagree with me on something, it’s my “inexperience”. Talk about something thats played out. I’m not an idiot, I know that most clients don’t understand fees and/or forget the explanation. This client however is not your typical client. Few things: He is an executive at Kraft.He has ALOT more money than the $1.4M i’m talking about. His advisor is in Florida and flies out to see him. He directly told the advisor that he did not want to be paying annually AND paying per transaction. Thats when the advisor told him that he would not be paying him. That’s shady, no matter how you dice it. This guy is no dummy, so if you’d like to continue your “Windy doesn’t know anything” speeches go ahead, but it has nothing to do with this thread.



You guys love to harp on things that are “known” already. I wouldn’t ask the question if it was a typical client who is arguing because they don’t understand A share vs. B share, after I already explained it. If that was the case, i’d be posting every time I had an appointment.

[quote=Jebediah] It seems there are a lot of crooks working as advisors in the bible belt, or windy believes the Jones crap about how everyone else bangs clients in the ass and Jones is the only honorable B/D. On a serious note, I think this has more to do with windys inexperience than anything else, I used to think all other brokers were crooks when I first started too.

Two things:



1) I was wrong. Don’t mind admitting it. Something you should work on.



2) Next time find a source other than Wikipedia.

I admit I am wrong all the time, but when I ask a question and it’s always my “experience” that’s insulted, there’s a problem. I was asking about the contract because I didn’t know anything about it. I know the situation with this client and he’s not the typical client you are talking about. Sure i don’t know EVERYTHING about this business, but neither do you. So stop insulting my intelligence by always saying im “In-experienced”. In experience is the lack of knowledge of some of the process’s in this business (The contract for instance), not how to talk to clients and what information is BS and what isn’t. I like to think I’m pretty good at that and if I have a question I will ask that directly… Nice bash on Wikipedia. Would you like another source? It’s ok that it’s Wikipedia, because the info is correct.

I admit I am wrong all the time. Nice bash on Wikipedia. Would you like another source? It’s ok that it’s Wikipedia, because the info is correct.

You’re wrong Moraen. There is a Presbyterian, Methodist, Baptist, Seventh-Day Adventist, and a Lutheran church on every street corner in this state. That constitutes the “Bible Belt”. Were you living in a whole when you lived here?

I can’t believe an executive at Kraft has an Ameriprise advisor or an Edward Jones advisor.



Even the college professors I have wouldn’t do that.

You’re wrong Moraen.

It seems there are a lot of crooks working as advisors in the bible belt, or windy believes the Jones crap about how everyone else bangs clients in the ass and Jones is the only honorable B/D.  On a serious note, I think this has more to do with windys inexperience than anything else, I used to think all other brokers were crooks when I first started too. 

You’re wrong Moraen. There is a Presbyterian, Methodist, Baptist, Seventh-Day Adventist, and a Lutheran church on every street corner in this state. That constitutes the “Bible Belt”. Were you living in a whole when you lived here?

[quote=Ronnie Dobbs] You’re wrong Moraen.[/quote]

Unlikely this time. Since this is experience talking. I spent the first 18 summers of my life and three years in Oklahoma. Had to go to church with my grandparents every week. My first job was working on a Christmas tree farm in Haskell. My brother is a graduate of OU. I have an uncle in OKC, another who teaches at OU, and an aunt who lives in Norman. My grandmother lives in Tulsa, another set of aunts and uncles live in Stillwater. I’m also in your neck of the woods every time for a week around April and every other year go there during December.

How much time have you spent in Georgia, South Carolina, North Carolina?

I will concede that you have spent more time in Oklahoma than I have, but you have nothing to compare it to.

I'll just throw this in ... my clients aren't "dumb". And it's not that they don't listen ... it's that they trust you to know what you are talking about and do the right thing.  Here's a news flash: if they understood what you were talking about, they'd be using Scottrade.

And between Morean and Ronnie … isn’t this Germany all over again?

[quote=Ronnie Dobbs] You’re wrong Moraen.

This thread is gay

Consider the source - your coworker and future partner

This thread is gay

[quote=Moraen] [quote=Ronnie Dobbs] You’re wrong Moraen.[/quote]

Unlikely this time. Since this is experience talking. I spent the first 18 summers of my life and three years in Oklahoma. Had to go to church with my grandparents every week. My first job was working on a Christmas tree farm in Haskell. My brother is a graduate of OU. I have an uncle in OKC, another who teaches at OU, and an aunt who lives in Norman. My grandmother lives in Tulsa, another set of aunts and uncles live in Stillwater. I’m also in your neck of the woods every time for a week around April and every other year go there during December.

How much time have you spent in Georgia, South Carolina, North Carolina?

I will concede that you have spent more time in Oklahoma than I have, but you have nothing to compare it to.

And don’t say, “I read about it and researched it”. Experience matters. [/quote]

Ok Moraen:

Bible belt   
n. Those sections of the United States, especially in the South and Midwest, where Protestant fundamentalism is widely practiced.
Bible belt’er n.

What is Protestant you say?

Prot⋅es⋅tant [prot-uh-stuhnt or, for 4, 6, pruh-tes-tuhnt] Show IPA
–noun
1.     any Western Christian who is not an adherent of a Catholic, Anglican, or Eastern Church.
2.     an adherent of any of those Christian bodies that separated from the Church of Rome during the Reformation, or of any group descended from them.

Note: Protestants hold a great variety of beliefs, but they are united in rejecting the authority of the pope. Protestant groups include the Amish, the Anglican Communion, the Assemblies of God, the Baptists, Christian Science, the Congregationalists, the Lutheran Church, the Mennonites, the Methodists, the Presbyterian Church, and the Quakers.

Again Moraen I will say:

There is a Presbyterian, Lutheran, Mennonite, Methodist, Baptist, Assembly of God, Nazarene, and Seventh Day Adventist church on almost every street corner of every town in this state. Here’s the proof straight from the ARDA (Association of Religion Data Archives)

http://www.thearda.com/mapsReports/reports/state/40_2000.asp

Where did you go to church when you were here Moraen? You’re visiting here obviously means nothing to this argument. You are wrong and it sounds like you don’t fully understand what bible belt means. Do you need anymore proof?

- Bingo. You don’t add value but ripping other advisors. You add value by providing a service that isn’t being provided or that you can improve upon. There will always be someone cheaper than you. If a guy is looking for the lowest cost provider than fidelity/scottrade is his man.

That’s the problem. I don’t position my clients to focus on fees. In fact, i make sure my clients understand that they get what they pay for, so you guys are defending a position that has nothing to do with me. All my clients know about fees, etc… It’s the unnecessary stuff that they don’t like or when someone flat out lies to their client (Like still who lied to his prospect that he was at ML, when he had no job). This client didn’t want to pay annually AND transactionally. Thats un-necessry. In my situation, you would react the exact same way. You just want to hear yourself tell me that I am wrong because it makes you feel better about yourself.

No. This is not the first time you have come to the table with this argument. You and MsBroker have both done this. Standing on the Jones soapbox as newbies that you are doing right and everyone else is doing wrong. I did the exact same thing when I started and I was an idiot. You will see as time goes on that there are plenty of good advisors out there and plenty of dumb clients, not the other way around.

No. This is not the first time you have come to the table with this argument. You and MsBroker have both done this. Standing on the Jones soapbox as newbies that you are doing right and everyone else is doing wrong. I did the exact same thing when I started and I was an idiot. You will see as time goes on that there are plenty of good advisors out there and plenty of dumb clients, not the other way around.

OK. Well more than one of us has gathered that from your posts. I will go back to helping someone with their deposit slip.

Consider the source - your coworker and future partner

That’s the problem. I don’t position my clients to focus on fees.  Your posts describing your prospect opportunities say something different.  This is not my assumption, this is what you are posting.  You may not know that you are doing this, that is possible, but if your “situations” you post are accurate, you are focusing your prospects on fees. In fact, i make sure my clients understand that they get what they pay for, so you guys are defending a position that has nothing to do with me. All my clients know about fees, etc…Most advisers fully disclose fees and expenses.  Clients forget.  It is that simple.  What they remember is when you pointed out some unnecessary fee from their last adviser and this will relate directly when some other adviser points out what he calls an unnecessary fee (that you disclosed but client forgot) to your client.   It’s the unnecessary stuff that they don’t like or when someone flat out lies to their client. In my situation, you would react the exact same way.  See below. You just want to tell me that I am wrong.

And I believe you are misunderstanding. I’m not positioning anyone on fees. When I ask a client, “Are you in a wrap account or do you pay transactional” and the client says “I pay $500 a year, because 2 days ago I signed a new contract with my Ameriprise Advisor and told him I did not want to pay $500 a year plus transactions” and the advisor says “Oh you don’t ever pay me a dime. The investment company pays me. You don’t pay any fees”. Thats a flat out lie that needs to be addressed.



This situation is totally different than anything you guys are posting. You are continuing with this whole “I bash other advisors” and “say we are cheaper”, thats not what I do at all.



You are taking a question I asked here ()<-------------------------------------------------------------------------------------------------------->() and coming over here with it. Thats the name of this site.

No. This is not the first time you have come to the table with this argument. You and MsBroker have both done this. Standing on the Jones soapbox as newbies that you are doing right and everyone else is doing wrong. I did the exact same thing when I started and I was an idiot. You will see as time goes on that there are plenty of good advisors out there and plenty of dumb clients, not the other way around.

Its well documented that Wind is a proponent of positioning fees as a reason to switch advisors.  In your last post, you asked a simple question “Are you in a wrap account or do you pay transactional?”.  You’re honestly telling us that that long winded answer is what the client gave you?  Not only did the client answer your question but also went into a diatribe about how the advisor explained how the client is not paying any account fees?  He said that without you delving further into the whole “Oh, interesting Mr. Client.  Tell me more about how the fees are structued.”  Why was the question even asked?  Do you pay wrap or transactional.  How is that even relevant before you look at a statement?  What would your answer have been? “Oh, cool.”  Or, “Interesting.”  Your tales of bashing other advisors is legendary, and the legend continues.

[quote=Moraen] [quote=Ronnie Dobbs] You’re wrong Moraen.[/quote] Unlikely this time. Since this is experience talking. I spent the first 18 summers of my life and three years in Oklahoma. Had to go to church with my grandparents every week. My first job was working on a Christmas tree farm in Haskell. My brother is a graduate of OU. I have an uncle in OKC, another who teaches at OU, and an aunt who lives in Norman. My grandmother lives in Tulsa, another set of aunts and uncles live in Stillwater. I’m also in your neck of the woods every time for a week around April and every other year go there during December. How much time have you spent in Georgia, South Carolina, North Carolina? I will concede that you have spent more time in Oklahoma than I have, but you have nothing to compare it to.

Is there a good way for me to package a steaming loaf without you having to smell it ?

Consider the source - your coworker and future partner

And I believe you are misunderstanding. I’m not positioning anyone on fees. When I ask a client, “Are you in a wrap account or do you pay transactional” and the client says “I pay $500 a year, because 2 days ago I signed a new contract with my Ameriprise Advisor and told him I did not want to pay $500 a year plus transactions” and the advisor says “Oh you don’t ever pay me a dime. The investment company pays me. You don’t pay any fees”. Thats a flat out lie that needs to be addressed.

This situation is totally different than anything you guys are posting. You are continuing with this whole “I bash other advisors” and “say we are cheaper”, thats not what I do at all.

You are taking a question I asked here ()<-------------------------------------------------------------------------------------------------------->() and coming over here with it. Thats the name of this site.

Windy - not going to argue with you.



I admitted that I was wrong about OK not being in the bible belt.



However, what I said was, that the South is MORE of the bible belt than OK. Since I have been to both areas, and have seen them, even inside my little “whole”, based on my experience, the South is more bible belty (?) than OK.



Also, since the matter of degree is a matter of opinion and personal perception, I really CAN’T be wrong about that.

Is there a good way for me to package a steaming loaf without you having to smell it ?

[quote=Ronnie Dobbs]And I believe you are misunderstanding. I’m not positioning anyone on fees. When I ask a client, “Are you in a wrap account or do you pay transactional” and the client says “I pay $500 a year, because 2 days ago I signed a new contract with my Ameriprise Advisor and told him I did not want to pay $500 a year plus transactions” and the advisor says “Oh you don’t ever pay me a dime. The investment company pays me. You don’t pay any fees”. Thats a flat out lie that needs to be addressed.

This situation is totally different than anything you guys are posting. You are continuing with this whole “I bash other advisors” and “say we are cheaper”, thats not what I do at all.

You are taking a question I asked here ()<-------------------------------------------------------------------------------------------------------->() and coming over here with it. Thats the name of this site.

The south and the heartland are both traditionally considered the bible belt. Its definition has broadened over time and now includes places like OK. Not that it matters, this is a forum for financial advisors not preachers. Plus, Windy I don’t think you even believe in god, what do you care?

The south and the heartland are both traditionally considered the bible belt. Its definition has broadened over time and now includes places like OK. Not that it matters, this is a forum for financial advisors not preachers. Plus, Windy I don’t think you even believe in god, what do you care?

Volt I now believe what you said about everyone on this site. You guys are idiots. IF you have had any appointments, you know that one of the first things a client asks is, “How do you get paid”. I simply asked, “How did you pay before”. End of story. The “Fee” conversation ALWAYS comes up. I simply explain it in black and white and ask how they paid before, because it gives me an idea of where they came from. You constantly try and find holes in everything to bash upon. Even if it makes absolutely no sense to what I’m saying. I’m not positioning anyone on fees. That’s idiotic, because it’s no cheaper at any firm unless your a DIY. That’s like saying the omelette I cooked earlier is cheaper than the one you cooked this morning. It’s dumb, but I can promise you mine tastes better :). I’m simply having that conversation, which is something you should be doing too. Maybe it’s one of your clients that i’m stealing?

 one of the first things a client asks is, “How do you get paid”.

[quote=Jebediah] one of the first things a client asks is, “How do you get paid”.

That has never been the first question I have been asked. Most of the time I am the first one who addresses that. In a down market fees is the last thing they are worried about, they are worried about THE DOWN MARKET. Unless of course you are leading with the "fee" question, which you are obviously doing and Jeb just pinned you on it. Game over, stroke.

I have a client that passed away and i just had a meeting with his son, who is keeping his portion with me but also has $1.4 Million with Ameriprise. He wants me to give him a second opionion on his portfolio. You said yourself most of the 1.4 is in his 401k.  You have seen the contract which you don’t understand and have come to the conclusion $500 couldn’t be all he is paying because you can’t do business this way and with a second opinion from another rep who has not seen the contract or statement. He brought in his contract with Ameriprise. Now me being from Jones, I am not accustomed to having a client sign a contract. He said all he pays is $500 a year, with no transaction fees, or wrap fees (other than the $500). His contract did not say anything about fee’s from what I saw, but I would think that there is no way that is all he is paying. Like I said, I know nothing about having clients sign a contract with me, but can any of you give me some tips on nailing this account or pointing out “hidden” fees or statements or whatnot on a client contract, that might make him think twice about the other broker, so that I can bring in this client.  

well played, sir.

Nice beatdown Jeb.

Ok, since no actual Ameriprise advisor replied here... here it is.

The guy is paying a $500 planning fee. Many advisors make money on planning fees only, esp since alot of clients would not roll their money in. The question is, is the guys money at Ameriprise or somewhere outside?

Also, if the client transfered in the money, and just house holding it at Ameriprise, and doesn't make trades, there is the reason why he might not of been hit with fees.

If he was in a wrap account, which there are 2 types at Ameriprise, it shows on the statements the fees that are being paid.

As previous poster mentioned, it is not all about the fees. If you are competing on fees, you will go out of business sooner or later unless your name is Walmart.

Lastly... there are no termination fees on financial planning. The client can request their planning fees back if the plan hasn't been given to them yet. Also, Ameriprise goes out of the way to make sure people know the Planning fees are not for Investment Management.

They would have to go through more hoops just to justify charging a planning fee and investment management wrap fee, esp since "investment management" is part of the financial plan. So what most advisors would do is take that section out of the financial plan.

As for the how do you get paid question.



I have NEARLY (notice I said nearly) always had to ask, “Do you want to know how I get paid?”

[quote=Jebediah] I have a client that passed away and i just had a meeting with his son, who is keeping his portion with me but also has $1.4 Million with Ameriprise. He wants me to give him a second opionion on his portfolio. You said yourself most of the 1.4 is in his 401k. You have seen the contract which you don’t understand and have come to the conclusion $500 couldn’t be all he is paying because you can’t do business this way and with a second opinion from another rep who has not seen the contract or statement. He brought in his contract with Ameriprise. Now me being from Jones, I am not accustomed to having a client sign a contract. He said all he pays is $500 a year, with no transaction fees, or wrap fees (other than the $500). His contract did not say anything about fee’s from what I saw, but I would think that there is no way that is all he is paying. Like I said, I know nothing about having clients sign a contract with me, but can any of you give me some tips on nailing this account or pointing out “hidden” fees or statements or whatnot on a client contract, that might make him think twice about the other broker, so that I can bring in this client.

You told him what you found out?  You don’t even know what type of account he has!  You haven’t even seen his statement!  You looked at the website and saw a disclosure that says something like “There may be additional fees or commissions.” 

Forget it 3rd. He’ll never admit he’s wrong. It’s not in his nature.



I saw this on an episode of “chopped” last night. The judges give criticism so that you can become a better chef. Yet this guy refused to listen. “His” way was the best.



Windy is the Chef Malik of RR.

You looked at the website and saw a disclosure that says something like “There may be additional fees or commissions.” 

Your first post asked for advice to find “hidden” fees so you could get this account.  It is not a surprise that the conclusion you reached is the conclusion you were searching for.  It should give you pause that you have come to this conclusion without having all the facts and not fully understanding the clients current situation.  I do not think you are purposefully trying to do anything wrong, in fact I believe that you truly have good intentions.  However, if your posts are accurate, you MAY be doing more harm than good.  It is not a bad thing to tell a client that you need more information before commiting to an opinion, in fact that is the sign of a professional.  Call me all the names you want, it does not deter from the fact you are proceeding with a selfish course of action regardless of the actual facts (as you don’t have them) under the guise of benefitting the client. 

[quote=Jebediah] You looked at the website and saw a disclosure that says something like “There may be additional fees or commissions.”

We only know the facts as you have presented them.  With the facts that you have stated, you are acting in a reckless and selfish manner.  If anyone feels differently let me know.

I asked a simple question. Not all this fee bullsht. If you can’t stay on topic and quit with the, “You don’t know anything crap” and “You’re going to hurt someone” crap everytime i ask a question. DONT POST. Stop hiding behind a stupid screen name to argue over every single unnamed detail, then turn around and ask me if i ever want to go indy to call you and come work for you…(Member that Moraen). Be a man and answer the damn question asked, instead of taking a sentence and building a case against me like you know EVERYTHING about the story. You are making assumptions on EVERYTHING…I don’t care how long you’ve been in the business, or what you know, or what I don’t know…Get the f** over yourselves and just answer the question asked, otherwise ignore it. Is it really me that is arrogant when every post turns into what YOU know, that I don’t? I’d say it was more you. This site has become total sh*t…

Fact:  You haven’t seen the client’s statement

[quote=3rdyrp2] Fact: You haven’t seen the client’s statement

You said the client’s son is going to mail you the statement.  You said this yesterday.  I’ve met with a lot of prospects and clients over the past few years and I know none that would overnight a statement to someone who’s not even their advisor yet.  You received the information you wanted to receive.  That, I don’t dispute.

but can any of you give me some tips on nailing this account or pointing out “hidden” fees or statements or whatnot on a client contract, that might make him think twice about the other broker, so that I can bring in this client.

[quote=Ronnie Dobbs] [quote=3rdyrp2] Fact:  You haven’t seen the client’s statement

Did I say mail? That was my bad. He faxed it to me. I think i’m done on this site. Volt said something to me the other day that got me thinking. You know I’ve been lucky to have met quite a few million dollar producers and VERY successful advisors and everyone of them have one thing in common…



They don’t post on this site…

Lmao!  Good riddance. 

Did I say mail? That was my bad. He faxed it to me. I think i’m done on this site. Volt said something to me the other day that got me thinking. You know I have met quite a few million dollar producers and VERY successful advisors and everyone of them have one thing in common…

They don’t post on this site…

Windy - I do remember. Consider the offer rescinded. If you can’t check your ego, I don’t care if you produce $10 million a year, I don’t need you.



I made that offer when I thought you were just misunderstood.



Good luck.

I don’t know. I’ll see when he sends me the statements. I figured he might be in all C or B shares, but the CFP that I called from Ameriprise here told me that he’s paying transactional or wrap fees not just $500 annually.

For Christ’s sake Windy.

What does Windy’s kid have to do with this?

I asked a simple question. Not all this fee bullsht. If you can’t stay on topic and quit with the, “You don’t know anything crap” and “You’re going to hurt someone” crap everytime i ask a question. DONT POST. Stop hiding behind a stupid screen name to argue over every single unnamed detail, then turn around and ask me if i ever want to go indy to call you and come work for you…(Member that Moraen). Be a man and answer the damn question asked, instead of taking a sentence and building a case against me like you know EVERYTHING about the story. You are making assumptions on EVERYTHING…I don’t care how long you’ve been in the business, or what you know, or what I don’t know…Get the f** over yourselves and just answer the question asked, otherwise ignore it. Is it really me that is arrogant when every post turns into what YOU know, that I don’t? I’d say it was more you. This site has become total sh*t…

Did I say mail? That was my bad. He faxed it to me. I think i’m done on this site. Volt said something to me the other day that got me thinking. You know I’ve been lucky to have met quite a few million dollar producers and VERY successful advisors and everyone of them have one thing in common…

They don’t post on this site…

This thread is the beatdown of the year. Windy has been owned before, but nothing like this. Well done 3rd and Jeb!

This thread is the beatdown of the year. Windy has been owned before, but nothing like this. Well done 3rd and Jeb!

This thread is the beatdown of the year. Windy has been owned before, but nothing like this. Well done 3rd and Jeb!

Change made Jeb. That is definitely a better sig. LOL!

[quote=Ronnie Dobbs]I asked a simple question. Not all this fee bullsht. If you can’t stay on topic and quit with the, “You don’t know anything crap” and “You’re going to hurt someone” crap everytime i ask a question. DONT POST. Stop hiding behind a stupid screen name to argue over every single unnamed detail, then turn around and ask me if i ever want to go indy to call you and come work for you…(Member that Moraen). Be a man and answer the damn question asked, instead of taking a sentence and building a case against me like you know EVERYTHING about the story. You are making assumptions on EVERYTHING…I don’t care how long you’ve been in the business, or what you know, or what I don’t know…Get the f** over yourselves and just answer the question asked, otherwise ignore it. Is it really me that is arrogant when every post turns into what YOU know, that I don’t? I’d say it was more you. This site has become total sh*t…

Personally, I find throwing a private email into a public forum his own final piece de resistance, a monument to his personality. If being a great salesman includes such behavior, I'll suffer along being honorable.

[quote=Moraen] [quote=Ron 14] [quote=Ronnie Dobbs]I asked a simple question. Not all this fee bullsht. If you can’t stay on topic and quit with the, “You don’t know anything crap” and “You’re going to hurt someone” crap everytime i ask a question. DONT POST. Stop hiding behind a stupid screen name to argue over every single unnamed detail, then turn around and ask me if i ever want to go indy to call you and come work for you…(Member that Moraen). Be a man and answer the damn question asked, instead of taking a sentence and building a case against me like you know EVERYTHING about the story. You are making assumptions on EVERYTHING…I don’t care how long you’ve been in the business, or what you know, or what I don’t know…Get the f** over yourselves and just answer the question asked, otherwise ignore it. Is it really me that is arrogant when every post turns into what YOU know, that I don’t? I’d say it was more you. This site has become total sh*t…[/quote]

[quote=LockEDJ]

Personally, I find throwing a private email into a public forum his own final piece de resistance, a monument to his personality. If being a great salesman includes such behavior, I'll suffer along being honorable.

[quote=Jebediah] [quote=LockEDJ]

Personally, I find throwing a private email into a public forum his own final piece de resistance, a monument to his personality. If being a great salesman includes such behavior, I’ll suffer along being honorable.

yeah, he is a class act

I think it is funny that Windy’s peers, almost unanimously, think he is a complete idiot.  I use the term “peers” in the loosest sense.

This client probably has no-load no-fee mutual funds. He pays 500.00 a year for invesment planning. The client places the trades online himself using his Amp account if he rebalances. He will pay his fee when he redeems the funds.

Jaxon I mean DeBolt, you’re a jew hater and you think that makes you better than Windy? He MIGHT be a liar, he is defiantly arrogant. You sir are a jew hater that got banned for telling people that should have burned in the ovens.



Shut up stalker.

It was Jaxson if you will search the members list you will see that Jaxon is still a member and not me. I am just f***in with him. I am sure he appreciates his big brother getting his back. I personally think he will do well in the business. He fights for his opinion and has confidence. Both are great traits to have.

Jew hater say what?

You’re a dumbass.

Did I say mail? That was my bad. He faxed it to me. I think i’m done on this site. Volt said something to me the other day that got me thinking. You know I’ve been lucky to have met quite a few million dollar producers and VERY successful advisors and everyone of them have one thing in common…

They don’t post on this site…

[quote=Ronnie Dobbs]Did I say mail? That was my bad. He faxed it to me. I think i’m done on this site. Volt said something to me the other day that got me thinking. You know I’ve been lucky to have met quite a few million dollar producers and VERY successful advisors and everyone of them have one thing in common…

They don’t post on this site…

[quote=Jebediah][quote=Ronnie Dobbs]Did I say mail? That was my bad. He faxed it to me. I think i’m done on this site. Volt said something to me the other day that got me thinking. You know I’ve been lucky to have met quite a few million dollar producers and VERY successful advisors and everyone of them have one thing in common…

They don’t post on this site…

Hey man, embrace your homosexual stalker tendencies.   You’ve made 8 posts on this thread since Windy’s last.  Be honest with us, do you have his picture as your screen saver? You and the Jew hater seem to have alot in common.

Hey man, embrace your homosexual stalker tendencies.   You’ve made 8 posts on this thread since Windy’s last.  Be honest with us, do you have his picture as your screen saver? You and the Jew hater seem to have alot in common.

[quote=voltmoie]Hey man, embrace your homosexual stalker tendencies.   You’ve made 8 posts on this thread since Windy’s last.  Be honest with us, do you have his picture as your screen saver? You and the Jew hater seem to have alot in common.

[quote=Jebediah][quote=voltmoie]Hey man, embrace your homosexual stalker tendencies.   You’ve made 8 posts on this thread since Windy’s last.  Be honest with us, do you have his picture as your screen saver? You and the Jew hater seem to have alot in common.