Moving

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Squash1's picture
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Joined: 2008-11-19

I think I started this topic once before, but has anyone thought about moving there practice?
 
I think about this every year it begins to get cold... Just don't have the balls to start over in a new area(though it would be interesting).
 
Top States:
TN,SC,NC, Georgia, Texas

Ron 14's picture
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Joined: 2008-07-10

Actually, I have been thinking of that in the last few weeks. Im a bank tool so it is much easier for me and the big blue octagon is dying to get advisors to the West Coast. I was thinking Texas, California or Arizona. My wife wants to do it, but I want to stay close to my family. Although, I don't know your situation, I think you could definitely keep your good clients provided you have the means to visit them. With the technology out there I think this will become second nature, especially for successful advisors who want to semi-retire while still maintaining their top clients.

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B24
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Joined: 2008-07-08

What about having multiple offices?  I just don't cherish the thought of starting over from scratch - unless my wife had a great job and I could afford to biuld it slow.

Squash1's picture
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Joined: 2008-11-19

I think it would be possible to keep some of the higher quality clients but would probably lose at least 50% of my book.
 
Don't want multiple offices, because then it creates a whole new set of problems and expenses.
 
But after reading some of these posts and the requirement for wirehouse guys, i think if I put in the effort for 2 years I could be back to where I was..

Moraen's picture
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Joined: 2009-01-22

Squash, We'll likely be moving in a couple of years.  I plan on keeping an office here.  Of course my circumstances are different.  But even if I wasn't, I see the move as an opportunity to correct past mistakes and do things better than you did before.  I think you'll do better than you think.Avoid NC, unless it will be rural areas.  I'd say SC or TN would be better.  Or better yet, Florida.

Squash1's picture
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Joined: 2008-11-19

I have a friend in Wilmington, who says they are building tons of retirement villages down there.

DeBolt's picture
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Joined: 2009-07-12

Moraen wrote:Avoid NC, unless it will be rural areas.  I'd say SC or TN would be better.  Or better yet, Florida.
 
TN is a bad idea. No money here. We all live in trailers on dead end dirt roads. I would recommend you stay away.

Squash1's picture
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Joined: 2008-11-19

Nice try, I have relatives in Franklin, Brentwood, Nashville Area...

gethardgetraw's picture
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Joined: 2009-10-22

Seattle would be nice

Squash1's picture
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Joined: 2008-11-19

Nice recan't some of those cities, so my old post wouldn't make sense 

Anonymous's picture
Anonymous

Ron 14 wrote:Actually, I have been thinking of that in the last few weeks. Im a bank tool so it is much easier for me and the big blue octagon is dying to get advisors to the West Coast. I was thinking Texas, California or Arizona. My wife wants to do it, but I want to stay close to my family. Although, I don't know your situation, I think you could definitely keep your good clients provided you have the means to visit them. With the technology out there I think this will become second nature, especially for successful advisors who want to semi-retire while still maintaining their top clients. Don't come to Texas. Having you in my market would crush me.

Milyunair's picture
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Joined: 2009-09-25

I'm thinking about that golf area in Eastern Florida, north of the Everglades. Probably could pick up money until I die.
 
What a great profession. Work 25 hours a week and never retire, find money wherever you go.
 
http://money.cnn.com/galleries/2009/moneymag/0909/gallery.bpretire_top25.moneymag/index.html

Ron 14's picture
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Joined: 2008-07-10

BioFreeze wrote: Ron 14 wrote:Actually, I have been thinking of that in the last few weeks. Im a bank tool so it is much easier for me and the big blue octagon is dying to get advisors to the West Coast. I was thinking Texas, California or Arizona. My wife wants to do it, but I want to stay close to my family. Although, I don't know your situation, I think you could definitely keep your good clients provided you have the means to visit them. With the technology out there I think this will become second nature, especially for successful advisors who want to semi-retire while still maintaining their top clients. Don't come to Texas. Having you in my market would crush me.
 
You aren't even licensed so I wouldn't be in your market. What are you charging for auto insurance these days over there at GEICO ?

Anonymous's picture
Anonymous

Ron 14 wrote:BioFreeze wrote: Ron 14 wrote:Actually, I have been thinking of that in the last few weeks. Im a bank tool so it is much easier for me and the big blue octagon is dying to get advisors to the West Coast. I was thinking Texas, California or Arizona. My wife wants to do it, but I want to stay close to my family. Although, I don't know your situation, I think you could definitely keep your good clients provided you have the means to visit them. With the technology out there I think this will become second nature, especially for successful advisors who want to semi-retire while still maintaining their top clients. Don't come to Texas. Having you in my market would crush me.
 
You aren't even licensed so I wouldn't be in your market. What are you charging for auto insurance these days over there at GEICO ?
Come to Florida since your clients will move here anyway!!

Squash1's picture
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Joined: 2008-11-19

So my wife and I decided we are going to take the plunge and move to the Nashville area in 2013.
From what I can tell there is a huge Raymond James presence(in the midwest you don't see RJ that often) also seems to be a lot of bank utilizing the UVEST company.
 
So I feel like I am back at Jones again doing market research on my area on want to have my office in(except this time it is farther then 15 minutes away)..
 
Any insight on advisors in TN would be appreciated... PM me if need be..

Wet_Blanket's picture
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Joined: 2008-11-13

First big decision.  Wet or dry ribs?

Squash1's picture
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Joined: 2008-11-19

Wet, I don't understand dry ribs...

Wet_Blanket's picture
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Joined: 2008-11-13

Squash1 wrote:Wet, I don't understand dry ribs...
 
You will not be successful in TN.  You will have to embrace the dry side.

Moraen's picture
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Joined: 2009-01-22

Squash1 wrote:Wet, I don't understand dry ribs...Dry ribs should have sauce put on them - AFTER they are cooked.  Otherwise you burn the sauce.

Wet_Blanket's picture
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Joined: 2008-11-13

I know I am treading on sacred ground here, but I think dry rub ribs are better than wet.  In my experience, it is MUCH MUCH MUCH harder to find a great dry rib, but when you do it is the best thing on earth.  Any slob can put sauce on a rib and get a decent taste, but the dry rib is a work of sophistication!
 
Now to save face in the world of BBQ, NC BBQ is the best (other than ribs)!

Moraen's picture
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Joined: 2009-01-22

Wet_Blanket wrote:I know I am treading on sacred ground here, but I think dry rub ribs are better than wet.  In my experience, it is MUCH MUCH MUCH harder to find a great dry rib, but when you do it is the best thing on earth.  Any slob can put sauce on a rib and get a decent taste, but the dry rib is a work of sophistication!
 
Now to save face in the world of BBQ, NC BBQ is the best (other than ribs)!Ever seen Throwdown with Bobby Flay?  Ed Mitchell (NC) makes the best ribs in the world at "The Pit" in Raleigh.I used to work for a Security company in Memphis - went there twice a year.  Great dry rub.  Awesome dry rub.  Never had anything  better than Ed's though.

Wet_Blanket's picture
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Joined: 2008-11-13

Actually the best dry rub rib I have ever had was a Bobby Flay recipe.  It was smoked forever.  If I ever go to Raleigh, I will try "The Pit."

BerkshireBull's picture
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Joined: 2009-06-10

Coming from someone from Wisconsin with no dog in the best bbq fight, I'd say Kansas City is the best for BBQ followed by Memphis and then Carolina

Moraen's picture
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Joined: 2009-01-22

BB - I almost reported your post for offensiveness.  Please don't say something like that again.

Wet_Blanket's picture
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Joined: 2008-11-13

Moraen wrote:BB - I almost reported your post for offensiveness.  Please don't say something like that again.
 
That's like saying the best Pizza is from Albuquerque followed by NYC then Chicago.
 
Best pizza is from NYC by the way...

Anonymous's picture
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DeBolt wrote: Moraen wrote:Avoid NC, unless it will be rural areas.  I'd say SC or TN would be better.  Or better yet, Florida.
 
TN is a bad idea. No money here. We all live in trailers on dead end dirt roads. I would recommend you stay away.

Hi Meletio

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