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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.
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.
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?
What is a "whole"?
Can you deliver a gift to Windy for me next time you are in his neck of the woods ?[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.
They don't want to know how the car works; they just want the thing to turn over on a cold morning. When I see another statement, I make it a point to defend that broker's work and explain to the client all the best things about it. By the time it gets to my hands, they've already decided the other guy is dead. Now they just want to see my level of honorability. I hope I never let them down.[quote=Ronnie Dobbs] You’re wrong Moraen.
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?
Seems like a lot of effort to prove that Ok is in the bible belt. It is, it isn't, who gives a flying fcuk? My point was you find a lot of prospects whose advisers are dbags, crooks, lying, and overcharging their clients. This is your way of acquiring clients, more power to you. This is because, IMO, you don't know what you don't know yet. Don't worry, you will figure it out eventually. What is it you ask? It is someday another adviser will give your clients the same speech about you, pointing out some cost of fee that your clients had forgotten about and the client will be open to listen because you conditioned the client to believe this is very important and the difference between a good adviser and a "insert derogatory name here".[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.
I suggest you re-read the thread ass. I don't EVER use the whole "Jones does right and noone else". There are a TON of good advisors and I know that. But when someone is flat out lying to their client, somethings wrong. It was a direct question to a very intelligent client. He told him one thing, and gave another. That's different.
and again you are arguing something that has nothing to do with the situation i asked about. I didn't ask about a typical fee conversation. I asked about a contract for a very intelligent client, not a dumb client. There is a difference right there between you and I. I don't think clients are dumb. They just don't understand OUR business.
OK. Well more than one of us has gathered that from your posts. I will go back to helping someone with their deposit slip.
There are many fees and costs that can be positioned to a prospect as unnecessary. Just because you will not charge them a cost doesn't mean that the prospect did not receive value for his cost. I have a pretty good idea of what you are doing because I did the same thing when I was new out of inexperience. I now realize that the pitfalls of this approach. That is what I am trying to relate to you.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.