CFP Reveiw information

I wouldn't waste my money or time on that "filler" designation. Just kidding. I thought I'd get you all hot & furious for a second.

Not furious.  I don’t really care since I am leaving the industry.  I am a CPA too which is a waste of time and completely worthless.  Anyone that is willing to waste time and study can pass the CPA, and based on reviewing the CFP stuff, it is no different.

<span =“bold”>cpafp, why are you leaving the industry? 

[quote=cpafp]Not furious.  I don't really care since I am leaving the industry.  I am a CPA too which is a waste of time and completely worthless.  Anyone that is willing to waste time and study can pass the CPA, and based on reviewing the CFP stuff, it is no different.[/quote]

I'd disagree on the "waste of time" comment...having both designations, it sure hasn't been my experience.  I also don't believe for a minute that anyone willing to study can pass the CPA...I've met plenty of hard-working folks whojust could not get over the hump with the CPA exam...I can't imagine that at least some of these folks didn't give it an honest effort.  Having that opinion tells me that you must have found a way to mint money that doesn't involve these designations.  If so, good for you...would you care to share your secret?

[quote=Indyone]

[quote=cpafp]Not furious.  I don't really care since I am leaving the industry.  I am a CPA too which is a waste of time and completely worthless.  Anyone that is willing to waste time and study can pass the CPA, and based on reviewing the CFP stuff, it is no different.[/quote]

I'd disagree on the "waste of time" comment...having both designations, it sure hasn't been my experience.  I also don't believe for a minute that anyone willing to study can pass the CPA...I've met plenty of hard-working folks whojust could not get over the hump with the CPA exam...I can't imagine that at least some of these folks didn't give it an honest effort.  Having that opinion tells me that you must have found a way to mint money that doesn't involve these designations.  If so, good for you...would you care to share your secret?

[/quote]

You're not a CPA.

DD, I'm not sure what your motivation for the above is, and I don't really care all that much.  I think you shot your credibility with your "sex with 9-year-olds" joke.  Your words in a forum post won't magically make my certificate disappear.

I haven’t found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year…that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.

[quote=Indyone]

[quote=cpafp]Not furious.  I don't really care since I am leaving the industry.  I am a CPA too which is a waste of time and completely worthless.  Anyone that is willing to waste time and study can pass the CPA, and based on reviewing the CFP stuff, it is no different.[/quote]

I'd disagree on the "waste of time" comment...having both designations, it sure hasn't been my experience.  I also don't believe for a minute that anyone willing to study can pass the CPA...I've met plenty of hard-working folks whojust could not get over the hump with the CPA exam...I can't imagine that at least some of these folks didn't give it an honest effort.  Having that opinion tells me that you must have found a way to mint money that doesn't involve these designations.  If so, good for you...would you care to share your secret?

[/quote]

I cannot speak for the CFP, but I can for the CPA, because I hold that designation.  It is EASY!  Pass rate directly correlates with amount of study time.  A monkey could pass it with enough study time.  It took me three months of about 10-15 hours per week to study and pass.  I would say that I am of above average intelligence, but not brilliant or anything close.  The people that say it is sooooooo hard are CPAs that are wanting to make people think it is a lot more prestigious that it really is.  It is really a crock!

[quote=Indyone]

DD, I'm not sure what your motivation for the above is, and I don't really care all that much.  I think you shot your credibility with your "sex with 9-year-olds" joke.  Your words in a forum post won't magically make my certificate disappear.

[/quote]

I'm motivated by seeking the truth. You are NOT a CPA.

CPAFP,

Have fun with your life. Make sure you come back and let us know in 2 years when you flunk out of surgical sales. Until then- go away.....

yep welcome to the corporate world where everything looks rosey today. When you’re 55 with two kids in college they won’t need your surgical sales expertice and you are fired because they need to  make numbers. Then where are you? no equity, no job, no future.

[quote=cpafp][quote=Indyone]

[quote=cpafp]Not furious.  I don't really care since I am leaving the industry.  I am a CPA too which is a waste of time and completely worthless.  Anyone that is willing to waste time and study can pass the CPA, and based on reviewing the CFP stuff, it is no different.[/quote]

I'd disagree on the "waste of time" comment...having both designations, it sure hasn't been my experience.  I also don't believe for a minute that anyone willing to study can pass the CPA...I've met plenty of hard-working folks whojust could not get over the hump with the CPA exam...I can't imagine that at least some of these folks didn't give it an honest effort.  Having that opinion tells me that you must have found a way to mint money that doesn't involve these designations.  If so, good for you...would you care to share your secret?

[/quote]

I cannot speak for the CFP, but I can for the CPA, because I hold that designation.  It is EASY!  Pass rate directly correlates with amount of study time.  A monkey could pass it with enough study time.  It took me three months of about 10-15 hours per week to study and pass.  I would say that I am of above average intelligence, but not brilliant or anything close.  The people that say it is sooooooo hard are CPAs that are wanting to make people think it is a lot more prestigious that it really is.  It is really a crock!

[/quote]

It wasn't HARD, per se. The potential issues that can be addressed is volumunous, though. It was a hell of a lot harder than the 7 and from what I can tell, the little cfp quiz.

[quote=Dirk Diggler][quote=Indyone]

DD, I'm not sure what your motivation for the above is, and I don't really care all that much.  I think you shot your credibility with your "sex with 9-year-olds" joke.  Your words in a forum post won't magically make my certificate disappear.

[/quote]

I'm motivated by seeking the truth. You are NOT a CPA.[/quote]

You know better.  I'm just not sure why you insist on these silly games.  If you know the "truth", tell us all what your evidence is, pretender.

[quote=cpafp]I haven’t found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year…that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.[/quote]

If you really think folks will do just as well on their own working 15 minutes a day you are a complete fool!  We’re all better off without you.

I feel sorry for the patients!  You think the surgeons ‘respect’ you more than clients?  Well only to the extent that you help them make more bank.  Naive!

[quote=cpafp]I haven't found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year.....that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.[/quote]

Surgical Sales Manager: Wow! You only made $50,000 in your sales job last year? You must not be very good at selling! Would you mind if we only pay you $120,000 plus bonuses?

[quote=cpafp].....that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves. [/quote]

I can understand you being frustrated and leaving the biz is a fine decision if that's what you want to do, however, you can't be serious with the above comment. If what you were providing really was prodiving a service that "anyone with 15 minutes per week and an internet connection could do themselves" it's no wonder you weren't successful.

Good luck in your next career.

[quote=blarmston]

CPAFP,

Have fun with your life. Make sure you come back and let us know in 2 years when you flunk out of surgical sales. Until then- go away.....

[/quote]

You are a dumba$$.  So naive thinking that you actually add value to you clients by selling them A shares and annuities.  I'll be fine and glad to be leaving the field where you have idiots like yourself.  I am tired of fraternizing with morons like yourself.

[quote=ezmoney]yep welcome to the corporate world where everything looks rosey today. When you're 55 with two kids in college they won't need your surgical sales expertice and you are fired because they need to  make numbers. Then where are you? no equity, no job, no future.[/quote]

Get your head out of your a$$ and go back to pushing annuities.  Lets meet and compare paychecks in a year.

[quote=Dirk Diggler][quote=cpafp][quote=Indyone]

[quote=cpafp]Not furious.  I don't really care since I am leaving the industry.  I am a CPA too which is a waste of time and completely worthless.  Anyone that is willing to waste time and study can pass the CPA, and based on reviewing the CFP stuff, it is no different.[/quote]

I'd disagree on the "waste of time" comment...having both designations, it sure hasn't been my experience.  I also don't believe for a minute that anyone willing to study can pass the CPA...I've met plenty of hard-working folks whojust could not get over the hump with the CPA exam...I can't imagine that at least some of these folks didn't give it an honest effort.  Having that opinion tells me that you must have found a way to mint money that doesn't involve these designations.  If so, good for you...would you care to share your secret?

[/quote]

I cannot speak for the CFP, but I can for the CPA, because I hold that designation.  It is EASY!  Pass rate directly correlates with amount of study time.  A monkey could pass it with enough study time.  It took me three months of about 10-15 hours per week to study and pass.  I would say that I am of above average intelligence, but not brilliant or anything close.  The people that say it is sooooooo hard are CPAs that are wanting to make people think it is a lot more prestigious that it really is.  It is really a crock!

[/quote]

It wasn't HARD, per se. The potential issues that can be addressed is volumunous, though. It was a hell of a lot harder than the 7 and from what I can tell, the little cfp quiz.

[/quote]

DD, I would agree, there is a volume of info that you have to learn with the CPA (and the CFP for that matter).  And yes, to say it was harder than the 7 is a big understatement.  The CPA was much harder than the 7.

[quote=joedabrkr] [quote=cpafp]I haven't found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year.....that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.[/quote]

If you really think folks will do just as well on their own working 15 minutes a day you are a complete fool!  We're all better off without you.

I feel sorry for the patients!  You think the surgeons 'respect' you more than clients?  Well only to the extent that you help them make more bank.  Naive!
[/quote]

Certainly physicians only respect you to the extent that you make them more bank, much like you profession (mine formally).  I bet I can get in to see a physician a lot easier than you can though.  And what do you do that is so value added for clients.  To you manage and look at each of your clients accounts every day?  I think not, thus if you asset allocate and stay disciplined, any investor can do the same thing a FP can do with a Fidelity account and 15 minutes per week.  You are an idiot if you think otherwise.  FP's add value with things like tax harvesting, estate planning, business succession planning, ect.  But come on, that is a small percentage of most peoples practice. Most out there are pushing products and by that I mean fee base platform, a shares, annuities, or uneeded life insurance.  I know because I have been there.

[quote=Dirk Diggler]

[quote=cpafp]I haven't found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year.....that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.[/quote]

Surgical Sales Manager: Wow! You only made $50,000 in your sales job last year? You must not be very good at selling! Would you mind if we only pay you $120,000 plus bonuses?

[/quote]

I am good at sales.  $5.3MM in net new assets all of which went into fee based (which you ed jones people wouldn't understand) inherited another 3MM in assets.  Not bad for a first year in production.  I offer to you to post your 12/31 paystub and numbers from last year.  I will post mine (a scanned copy).

[quote=mikebutler222]

[quote=cpafp].....that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves. [/quote]

I can understand you being frustrated and leaving the biz is a fine decision if that's what you want to do, however, you can't be serious with the above comment. If what you were providing really was prodiving a service that "anyone with 15 minutes per week and an internet connection could do themselves" it's no wonder you weren't successful.

Good luck in your next career.

[/quote]

Are you telling me that when you cold call or cold walk that people actually WANT to talk to you.  I think that you are lying!  If they do, then you have found the magic bullet so congrats.

[quote=cpafp][quote=mikebutler222]

[quote=cpafp].....that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves. [/quote]

I can understand you being frustrated and leaving the biz is a fine decision if that's what you want to do, however, you can't be serious with the above comment. If what you were providing really was prodiving a service that "anyone with 15 minutes per week and an internet connection could do themselves" it's no wonder you weren't successful.

Good luck in your next career.

[/quote]

Are you telling me that when you cold call or cold walk that people actually WANT to talk to you.  I think that you are lying!  If they do, then you have found the magic bullet so congrats.

[/quote]

My comment had nothing to do with cold walking or cold calling. No one likes that and I'm thrilled to be long past that part of the process.

It had to do with your comment that what you did for clients wasn't anything they couldn't do for themselves with an internet connection and 15 minutes a week. If that's what you provided, it's a wonder you lasted this long.

Again, good luck in your new career.

I think you’ll be as successful selling “surgical supplies” (i.e. bed pans) as you were selling financial services. Most CPAs can’t sell their way out of a paper bag. That explains your success so far. Sorry but true. As soon as your employer sees you missing quotas and sales goals you’ll likely be out on your ass. Good luck you’ll need it.

Respect is earned in this business, it took me 6 years to learn what this business is truly about.  Yes there are alot of idiots out there, thank our government for the ease of entry into our field.  After you grow your asset base and acquire the knowledge (the cfp helped me a ton), people will seek you out.

I don't prospect, I am respected by most.  I don't remember chasing anyone for business and I am making more and more money everytime I look at my paystub.

[quote=cpafp]

[quote=joedabrkr] [quote=cpafp]I haven't found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year.....that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.[/quote]

If you really think folks will do just as well on their own working 15 minutes a day you are a complete fool!  We're all better off without you.

I feel sorry for the patients!  You think the surgeons 'respect' you more than clients?  Well only to the extent that you help them make more bank.  Naive!
[/quote]

Certainly physicians only respect you to the extent that you make them more bank, much like you profession (mine formally).  I bet I can get in to see a physician a lot easier than you can though.  And what do you do that is so value added for clients.  To you manage and look at each of your clients accounts every day?  I think not, thus if you asset allocate and stay disciplined, any investor can do the same thing a FP can do with a Fidelity account and 15 minutes per week.  You are an idiot if you think otherwise.  FP's add value with things like tax harvesting, estate planning, business succession planning, ect.  But come on, that is a small percentage of most peoples practice. Most out there are pushing products and by that I mean fee base platform, a shares, annuities, or uneeded life insurance.  I know because I have been there.

[/quote]

You are quite simply WRONG.  Among other things most individuals are not intelligent enough, disciplined enough, or free from emotion to be able to stick with an asset allocation plan when the proverbial excrement hits the fan.   Yet, at times of market extremes is when it is most important to stick with the program.  Too, most individual investors do not have the experience or expertise to know when a small tweak can help enhance returns or if it is a major and problematic departure from a plan that dramatically increases risk.

You sir are the fool because you THINK you learned something in a year where you didn't even meet the trainee standards for any of the wirehouses, and yet you have no idea how LITTLE you know.  Many of us have forgotten more in the last week than you've learned about how to properly invest a client's portfolio.

The only thing you have proven to me after a year is that you simply can't run with the big dogs.  So get out of the kitchen you petty little man, because it's hot in here, and go kiss up to the big doctors so you can sell your hip replacements.  Bye bye! 

[quote=cpafp][quote=mikebutler222]

[quote=cpafp].....that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves. [/quote]

I can understand you being frustrated and leaving the biz is a fine decision if that's what you want to do, however, you can't be serious with the above comment. If what you were providing really was prodiving a service that "anyone with 15 minutes per week and an internet connection could do themselves" it's no wonder you weren't successful.

Good luck in your next career.

[/quote]

Are you telling me that when you cold call or cold walk that people actually WANT to talk to you.  I think that you are lying!  If they do, then you have found the magic bullet so congrats.

[/quote]

I only spend time with people who WANT to talk and have a problem that they want fixed. What do YOU do, try to talk them into meeting with you? That is amateur hour, little man.

[quote=joedabrkr][quote=cpafp]

[quote=joedabrkr] [quote=cpafp]I haven't found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year.....that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.[/quote]

If you really think folks will do just as well on their own working 15 minutes a day you are a complete fool!  We're all better off without you.

I feel sorry for the patients!  You think the surgeons 'respect' you more than clients?  Well only to the extent that you help them make more bank.  Naive!
[/quote]

Certainly physicians only respect you to the extent that you make them more bank, much like you profession (mine formally).  I bet I can get in to see a physician a lot easier than you can though.  And what do you do that is so value added for clients.  To you manage and look at each of your clients accounts every day?  I think not, thus if you asset allocate and stay disciplined, any investor can do the same thing a FP can do with a Fidelity account and 15 minutes per week.  You are an idiot if you think otherwise.  FP's add value with things like tax harvesting, estate planning, business succession planning, ect.  But come on, that is a small percentage of most peoples practice. Most out there are pushing products and by that I mean fee base platform, a shares, annuities, or uneeded life insurance.  I know because I have been there.

[/quote]

You are quite simply WRONG.  Among other things most individuals are not intelligent enough, disciplined enough, or free from emotion to be able to stick with an asset allocation plan when the proverbial excrement hits the fan.   Yet, at times of market extremes is when it is most important to stick with the program.  Too, most individual investors do not have the experience or expertise to know when a small tweak can help enhance returns or if it is a major and problematic departure from a plan that dramatically increases risk.

You sir are the fool because you THINK you learned something in a year where you didn't even meet the trainee standards for any of the wirehouses, and yet you have no idea how LITTLE you know.  Many of us have forgotten more in the last week than you've learned about how to properly invest a client's portfolio.

The only thing you have proven to me after a year is that you simply can't run with the big dogs.  So get out of the kitchen you petty little man, because it's hot in here, and go kiss up to the big doctors so you can sell your hip replacements.  Bye bye! 

[/quote]

you are wrong, I hit my training goals (I work for a wirehouse) and can substantiate it.  In fact I blew past my goals.  It is simply that I don't enjoy it.  I could stay in if I wanted, I just don't want to be a used car salesman which is what you all are.  Live with it, that is what you are.

[quote=ezmoney]I think you'll be as successful selling "surgical supplies" (i.e. bed pans) as you were selling financial services. Most CPAs can't sell their way out of a paper bag. That explains your success so far. Sorry but true. As soon as your employer sees you missing quotas and sales goals you'll likely be out on your ass. Good luck you'll need it.[/quote]

I will be just fine just as I have with everything I have done.  I am leaving this field by choice.

[quote=cpafp][quote=joedabrkr][quote=cpafp]

[quote=joedabrkr] [quote=cpafp]I haven't found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year.....that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.[/quote]

If you really think folks will do just as well on their own working 15 minutes a day you are a complete fool!  We're all better off without you.

I feel sorry for the patients!  You think the surgeons 'respect' you more than clients?  Well only to the extent that you help them make more bank.  Naive!
[/quote]

Certainly physicians only respect you to the extent that you make them more bank, much like you profession (mine formally).  I bet I can get in to see a physician a lot easier than you can though.  And what do you do that is so value added for clients.  To you manage and look at each of your clients accounts every day?  I think not, thus if you asset allocate and stay disciplined, any investor can do the same thing a FP can do with a Fidelity account and 15 minutes per week.  You are an idiot if you think otherwise.  FP's add value with things like tax harvesting, estate planning, business succession planning, ect.  But come on, that is a small percentage of most peoples practice. Most out there are pushing products and by that I mean fee base platform, a shares, annuities, or uneeded life insurance.  I know because I have been there.

[/quote]

You are quite simply WRONG.  Among other things most individuals are not intelligent enough, disciplined enough, or free from emotion to be able to stick with an asset allocation plan when the proverbial excrement hits the fan.   Yet, at times of market extremes is when it is most important to stick with the program.  Too, most individual investors do not have the experience or expertise to know when a small tweak can help enhance returns or if it is a major and problematic departure from a plan that dramatically increases risk.

You sir are the fool because you THINK you learned something in a year where you didn't even meet the trainee standards for any of the wirehouses, and yet you have no idea how LITTLE you know.  Many of us have forgotten more in the last week than you've learned about how to properly invest a client's portfolio.

The only thing you have proven to me after a year is that you simply can't run with the big dogs.  So get out of the kitchen you petty little man, because it's hot in here, and go kiss up to the big doctors so you can sell your hip replacements.  Bye bye! 

[/quote]

you are wrong, I hit my training goals (I work for a wirehouse) and can substantiate it.  In fact I blew past my goals.  It is simply that I don't enjoy it.  I could stay in if I wanted, I just don't want to be a used car salesman which is what you all are.  Live with it, that is what you are.

[/quote]

I had almost 500,000 reasons to live with it last year. Many on this board make the same type of money. Somehow, it helps knowing that WE don't have to be used car BUYERS, like you.

[quote=cpafp][quote=joedabrkr][quote=cpafp]

[quote=joedabrkr] [quote=cpafp]I haven't found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year.....that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.[/quote]

If you really think folks will do just as well on their own working 15 minutes a day you are a complete fool!  We're all better off without you.

I feel sorry for the patients!  You think the surgeons 'respect' you more than clients?  Well only to the extent that you help them make more bank.  Naive!
[/quote]

Certainly physicians only respect you to the extent that you make them more bank, much like you profession (mine formally).  I bet I can get in to see a physician a lot easier than you can though.  And what do you do that is so value added for clients.  To you manage and look at each of your clients accounts every day?  I think not, thus if you asset allocate and stay disciplined, any investor can do the same thing a FP can do with a Fidelity account and 15 minutes per week.  You are an idiot if you think otherwise.  FP's add value with things like tax harvesting, estate planning, business succession planning, ect.  But come on, that is a small percentage of most peoples practice. Most out there are pushing products and by that I mean fee base platform, a shares, annuities, or uneeded life insurance.  I know because I have been there.

[/quote]

You are quite simply WRONG.  Among other things most individuals are not intelligent enough, disciplined enough, or free from emotion to be able to stick with an asset allocation plan when the proverbial excrement hits the fan.   Yet, at times of market extremes is when it is most important to stick with the program.  Too, most individual investors do not have the experience or expertise to know when a small tweak can help enhance returns or if it is a major and problematic departure from a plan that dramatically increases risk.

You sir are the fool because you THINK you learned something in a year where you didn't even meet the trainee standards for any of the wirehouses, and yet you have no idea how LITTLE you know.  Many of us have forgotten more in the last week than you've learned about how to properly invest a client's portfolio.

The only thing you have proven to me after a year is that you simply can't run with the big dogs.  So get out of the kitchen you petty little man, because it's hot in here, and go kiss up to the big doctors so you can sell your hip replacements.  Bye bye! 

[/quote]

you are wrong, I hit my training goals (I work for a wirehouse) and can substantiate it.  In fact I blew past my goals.  It is simply that I don't enjoy it.  I could stay in if I wanted, I just don't want to be a used car salesman which is what you all are.  Live with it, that is what you are.

[/quote]

Wow....I say what I have to say and then bid you farewell, and you just keep on talking.  You don't get it do you?  You're dismissed.  You should move on since you're 'so much better' than any of us.

I'm really sorry that things didn't work out and that you didn't make enough money for all your hard work.  However, in this business you get paid for results, not for 'trying hard'.

So you've made your point that you blew away all your goals, you are 'choosing' to leave, and that you've been tremendously successful at everything you do.  If you're really so super why do you have to spend all your time telling us?  I bet you poop roses too, right?  By the way, most successful CPA's make a good living, too, so why aren't you doing that?

Whatever man....life is too short for me to waste another second toying with you.  Have a good life.  Move along.  I've had my fun and most likely I will not answer your silly retort where you tell me again how wonderful you are.

Now get back on the phone and sell some more of those knee joints, ok?

[quote=Dirk Diggler][quote=cpafp][quote=joedabrkr][quote=cpafp]

[quote=joedabrkr] [quote=cpafp]I haven't found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year.....that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.[/quote]

If you really think folks will do just as well on their own working 15 minutes a day you are a complete fool!  We're all better off without you.

I feel sorry for the patients!  You think the surgeons 'respect' you more than clients?  Well only to the extent that you help them make more bank.  Naive!
[/quote]

Certainly physicians only respect you to the extent that you make them more bank, much like you profession (mine formally).  I bet I can get in to see a physician a lot easier than you can though.  And what do you do that is so value added for clients.  To you manage and look at each of your clients accounts every day?  I think not, thus if you asset allocate and stay disciplined, any investor can do the same thing a FP can do with a Fidelity account and 15 minutes per week.  You are an idiot if you think otherwise.  FP's add value with things like tax harvesting, estate planning, business succession planning, ect.  But come on, that is a small percentage of most peoples practice. Most out there are pushing products and by that I mean fee base platform, a shares, annuities, or uneeded life insurance.  I know because I have been there.

[/quote]

You are quite simply WRONG.  Among other things most individuals are not intelligent enough, disciplined enough, or free from emotion to be able to stick with an asset allocation plan when the proverbial excrement hits the fan.   Yet, at times of market extremes is when it is most important to stick with the program.  Too, most individual investors do not have the experience or expertise to know when a small tweak can help enhance returns or if it is a major and problematic departure from a plan that dramatically increases risk.

You sir are the fool because you THINK you learned something in a year where you didn't even meet the trainee standards for any of the wirehouses, and yet you have no idea how LITTLE you know.  Many of us have forgotten more in the last week than you've learned about how to properly invest a client's portfolio.

The only thing you have proven to me after a year is that you simply can't run with the big dogs.  So get out of the kitchen you petty little man, because it's hot in here, and go kiss up to the big doctors so you can sell your hip replacements.  Bye bye! 

[/quote]

you are wrong, I hit my training goals (I work for a wirehouse) and can substantiate it.  In fact I blew past my goals.  It is simply that I don't enjoy it.  I could stay in if I wanted, I just don't want to be a used car salesman which is what you all are.  Live with it, that is what you are.

[/quote]

I had almost 500,000 reasons to live with it last year. Many on this board make the same type of money. Somehow, it helps knowing that WE don't have to be used car BUYERS, like you.

[/quote]

You are so full of it. You didn't clear $500K last year.  Scan your numbers and post them if it is true.  I am not scared to post mine.  I will pay you $1000 if you cleared $500k last year and can prove it.  I am certain that my money is safe.

<span =“bold”>joedabrkr, that looks like a challenge.

[quote=joedabrkr][quote=cpafp][quote=joedabrkr][quote=cpafp]

[quote=joedabrkr] [quote=cpafp]I haven't found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year.....that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.[/quote]

If you really think folks will do just as well on their own working 15 minutes a day you are a complete fool!  We're all better off without you.

I feel sorry for the patients!  You think the surgeons 'respect' you more than clients?  Well only to the extent that you help them make more bank.  Naive!
[/quote]

Certainly physicians only respect you to the extent that you make them more bank, much like you profession (mine formally).  I bet I can get in to see a physician a lot easier than you can though.  And what do you do that is so value added for clients.  To you manage and look at each of your clients accounts every day?  I think not, thus if you asset allocate and stay disciplined, any investor can do the same thing a FP can do with a Fidelity account and 15 minutes per week.  You are an idiot if you think otherwise.  FP's add value with things like tax harvesting, estate planning, business succession planning, ect.  But come on, that is a small percentage of most peoples practice. Most out there are pushing products and by that I mean fee base platform, a shares, annuities, or uneeded life insurance.  I know because I have been there.

[/quote]

You are quite simply WRONG.  Among other things most individuals are not intelligent enough, disciplined enough, or free from emotion to be able to stick with an asset allocation plan when the proverbial excrement hits the fan.   Yet, at times of market extremes is when it is most important to stick with the program.  Too, most individual investors do not have the experience or expertise to know when a small tweak can help enhance returns or if it is a major and problematic departure from a plan that dramatically increases risk.

You sir are the fool because you THINK you learned something in a year where you didn't even meet the trainee standards for any of the wirehouses, and yet you have no idea how LITTLE you know.  Many of us have forgotten more in the last week than you've learned about how to properly invest a client's portfolio.

The only thing you have proven to me after a year is that you simply can't run with the big dogs.  So get out of the kitchen you petty little man, because it's hot in here, and go kiss up to the big doctors so you can sell your hip replacements.  Bye bye! 

[/quote]

you are wrong, I hit my training goals (I work for a wirehouse) and can substantiate it.  In fact I blew past my goals.  It is simply that I don't enjoy it.  I could stay in if I wanted, I just don't want to be a used car salesman which is what you all are.  Live with it, that is what you are.

[/quote]

Wow....I say what I have to say and then bid you farewell, and you just keep on talking.  You don't get it do you?  You're dismissed.  You should move on since you're 'so much better' than any of us.

I'm really sorry that things didn't work out and that you didn't make enough money for all your hard work.  However, in this business you get paid for results, not for 'trying hard'.

So you've made your point that you blew away all your goals, you are 'choosing' to leave, and that you've been tremendously successful at everything you do.  If you're really so super why do you have to spend all your time telling us?  I bet you poop roses too, right?  By the way, most successful CPA's make a good living, too, so why aren't you doing that?

Whatever man....life is too short for me to waste another second toying with you.  Have a good life.  Move along.  I've had my fun and most likely I will not answer your silly retort where you tell me again how wonderful you are.

Now get back on the phone and sell some more of those knee joints, ok?

[/quote]

Actually I hated being a CPA.  Was I tremendously successful at it......no.  I had good reviews, but I didn't have a passion for it and it showed.  I don't think that I am wonderful, I am simply stating that I did exceed my goals that the particular wirehouse put on me.  Meeting those goals was tough and I made less money than as a CPA working much harder than I did as a CPA.  I am not looking for an easy way out and don't think that my new career is easy either.  I respect ANYONE that has continued success in FPing because it is a tough career.  To be completely honest I just didn't like it as much as I thought I would.  I have spent 15-16 months in production and another 5 in training.  I do think there is a place and time where an FP is needed and adds value, perhaps it is just MY experience that the particular clientel I delt most with could have really done it themselves.  I am basing all of my opinions and comments based on my limited exposure and knoweldge of this career.  I am not by any means a FPing expert and don't present myself to be.  Perhaps I was not even a good planner, but I did hit my goals.  I also felt conflict because this job, in order to hit goals, you are sometimes tempted to do something that is not necessarily in the best interest of the client.  Although i have never done anything shadey, I just don't like being put into that situation.  I have seen too many people churning accounts, flipping annuities, ect and don't want to have to do that to make a living.  So if you judge success by hitting goals, then I succeeded.  If you judge success by being a valuable asset to your client, then I failed.

okay… great… now GO AWAY…

[quote=blarmston]okay.. great.. now GO AWAY.. [/quote]

Gladly....you quote in your signature speaks volumes.  You must be one of those churners.  There will come a day where we are all judged.  I hope that you can look at yourself in the mirror.

[quote=cpafp]

[quote=blarmston]okay.. great.. now GO AWAY.. [/quote]

Gladly....you quote in your signature speaks volumes.  You must be one of those churners.  There will come a day where we are all judged.  I hope that you can look at yourself in the mirror.

[/quote]

Do be bitter, just be moving along. Watch the screen door on your way out 

[quote=cpafp]

[quote=blarmston]okay.. great.. now GO AWAY.. [/quote]

Gladly....you quote in your signature speaks volumes.  You must be one of those churners.  There will come a day where we are all judged.  I hope that you can look at yourself in the mirror.

[/quote]

Wait! Stay! I'm not done making fun of you, yet.

P.S. I couldn't stand accounting, either. I did both audit and tax and have a master's in accounting, but would rather piss razor blades than practice accounting.

Now I see where everyone has been. C’mon, just let the guy do what’s

best

for him and stop beating him up. Geez, you guys are like desperate

housewives.



It takes a sadomasochist to enjoy this career and its not for everyone.

Everyone needs a “feeder system” to make a good living at this. You can

have all the credentials in the world, and still struggle. If doctors had to

send out mass-mailings, cold call and do seminars, they’d be starving

too. That’s whats wrong with our industry.



I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14

years registered with NASD, do you think they set up a VIP lounge to take

clients? No way. They suck.



How much do you want for the CFP books anyway?

[quote=cpafp][quote=joedabrkr][quote=cpafp][quote=joedabrkr][quote=cpafp]

[quote=joedabrkr] [quote=cpafp]I haven't found a way to mint money, but have found a career that allows me to earn a great living without acting like a used car salesman pushing products and providing a service that anyone with 15 minutes per week and an internet connection could do themselves.  I have decided to go into surgical sales which I am making low $100s not including bonuses and car allowance.  Plus I get the opportunity to go into surgery where surgeons actually respect me and my opinion.  As a FP they always look down on our industy.  It is very demeaning to me cold calling/cold walking and bothering these people.  I worked my a$$ off last year to make $65-70K and it is just not worth it.  You look at the number of brokers that are out there producting $250K in gross a year.....that is ridiculous.  I am not working that hard to earn that little of money.  I am telling everyone to get a fidelity account and walk through their asset allocation planner.  I guarantee it is as good as any of you all can do.[/quote]

If you really think folks will do just as well on their own working 15 minutes a day you are a complete fool!  We're all better off without you.

I feel sorry for the patients!  You think the surgeons 'respect' you more than clients?  Well only to the extent that you help them make more bank.  Naive!
[/quote]

Certainly physicians only respect you to the extent that you make them more bank, much like you profession (mine formally).  I bet I can get in to see a physician a lot easier than you can though.  And what do you do that is so value added for clients.  To you manage and look at each of your clients accounts every day?  I think not, thus if you asset allocate and stay disciplined, any investor can do the same thing a FP can do with a Fidelity account and 15 minutes per week.  You are an idiot if you think otherwise.  FP's add value with things like tax harvesting, estate planning, business succession planning, ect.  But come on, that is a small percentage of most peoples practice. Most out there are pushing products and by that I mean fee base platform, a shares, annuities, or uneeded life insurance.  I know because I have been there.

[/quote]

You are quite simply WRONG.  Among other things most individuals are not intelligent enough, disciplined enough, or free from emotion to be able to stick with an asset allocation plan when the proverbial excrement hits the fan.   Yet, at times of market extremes is when it is most important to stick with the program.  Too, most individual investors do not have the experience or expertise to know when a small tweak can help enhance returns or if it is a major and problematic departure from a plan that dramatically increases risk.

You sir are the fool because you THINK you learned something in a year where you didn't even meet the trainee standards for any of the wirehouses, and yet you have no idea how LITTLE you know.  Many of us have forgotten more in the last week than you've learned about how to properly invest a client's portfolio.

The only thing you have proven to me after a year is that you simply can't run with the big dogs.  So get out of the kitchen you petty little man, because it's hot in here, and go kiss up to the big doctors so you can sell your hip replacements.  Bye bye! 

[/quote]

you are wrong, I hit my training goals (I work for a wirehouse) and can substantiate it.  In fact I blew past my goals.  It is simply that I don't enjoy it.  I could stay in if I wanted, I just don't want to be a used car salesman which is what you all are.  Live with it, that is what you are.

[/quote]

Wow....I say what I have to say and then bid you farewell, and you just keep on talking.  You don't get it do you?  You're dismissed.  You should move on since you're 'so much better' than any of us.

I'm really sorry that things didn't work out and that you didn't make enough money for all your hard work.  However, in this business you get paid for results, not for 'trying hard'.

So you've made your point that you blew away all your goals, you are 'choosing' to leave, and that you've been tremendously successful at everything you do.  If you're really so super why do you have to spend all your time telling us?  I bet you poop roses too, right?  By the way, most successful CPA's make a good living, too, so why aren't you doing that?

Whatever man....life is too short for me to waste another second toying with you.  Have a good life.  Move along.  I've had my fun and most likely I will not answer your silly retort where you tell me again how wonderful you are.

Now get back on the phone and sell some more of those knee joints, ok?

[/quote]

Actually I hated being a CPA.  Was I tremendously successful at it......no.  I had good reviews, but I didn't have a passion for it and it showed.  I don't think that I am wonderful, I am simply stating that I did exceed my goals that the particular wirehouse put on me.  Meeting those goals was tough and I made less money than as a CPA working much harder than I did as a CPA.  I am not looking for an easy way out and don't think that my new career is easy either.  I respect ANYONE that has continued success in FPing because it is a tough career.  To be completely honest I just didn't like it as much as I thought I would.  I have spent 15-16 months in production and another 5 in training.  I do think there is a place and time where an FP is needed and adds value, perhaps it is just MY experience that the particular clientel I delt most with could have really done it themselves.  I am basing all of my opinions and comments based on my limited exposure and knoweldge of this career.  I am not by any means a FPing expert and don't present myself to be.  Perhaps I was not even a good planner, but I did hit my goals.  I also felt conflict because this job, in order to hit goals, you are sometimes tempted to do something that is not necessarily in the best interest of the client.  Although i have never done anything shadey, I just don't like being put into that situation.  I have seen too many people churning accounts, flipping annuities, ect and don't want to have to do that to make a living.  So if you judge success by hitting goals, then I succeeded.  If you judge success by being a valuable asset to your client, then I failed.

[quote=skeedaddy]Now I see where everyone has been. C’mon, just let the guy do what’s

best

for him and stop beating him up. Geez, you guys are like desperate

housewives.



It takes a sadomasochist to enjoy this career and its not for everyone.

Everyone needs a “feeder system” to make a good living at this. You can

have all the credentials in the world, and still struggle. If doctors had to

send out mass-mailings, cold call and do seminars, they’d be starving

too. That’s whats wrong with our industry.



I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14

years registered with NASD, do you think they set up a VIP lounge to take

clients? No way. They suck.



How much do you want for the CFP books anyway?[/quote]

Skee read the entire thread and you’ll see he brought it upon himself with his arrogant holier than thou attitude.

And yes NASD pretty much sucks.  They aren’t going to make any effort to entertain their broker clients…they’ll spend it all on entertaining their big b/d and public company clients!

[quote=skeedaddy]Now I see where everyone has been. C’mon, just let the guy do what’s

best

for him and stop beating him up. Geez, you guys are like desperate

housewives.


It takes a sadomasochist to enjoy this career and its not for everyone.

Everyone needs a “feeder system” to make a good living at this. You can

have all the credentials in the world, and still struggle. If doctors had to

send out mass-mailings, cold call and do seminars, they’d be starving

too. That’s whats wrong with our industry.



I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14

years registered with NASD, do you think they set up a VIP lounge to take

clients? No way. They suck.



How much do you want for the CFP books anyway?[/quote]



I make more than 3 times the average doctor, and I have not done a
public seminar in my entire career.  I am about 95% fee based,
charge the typical mutual fund shareholder pays, have sent about 50
kids to college, seen about 200 people retire early, sheltered a couple
hundred from the 2000 market disaster, and funded a few hundred
cavation home purchases. 



As for the doctor comparrison?  Well, I am not saving any lives or
bringing new life into the world, but I am allowing those that do the
ability to concentrate on that and not their financial matters.



This job is NOBLE!!! See it that way, be patient,  and you will be paid well and feel good. 



Go Sell Stuff and you will have to be a "sadomasochist to enjoy this career and its not for everyone.
Everyone needs a “feeder system” to make a good living at this. You can
have all the credentials in the world, and still struggle."



I don’t struggle, and I never have.

[quote=Dirk Diggler][quote=cpafp]

[quote=blarmston]okay.. great.. now GO AWAY.. [/quote]

Gladly....you quote in your signature speaks volumes.  You must be one of those churners.  There will come a day where we are all judged.  I hope that you can look at yourself in the mirror.

[/quote]

I agree with the accounting comment.

As far as making fun of me....no of you would ever talk this way to me in person instead you hide behind a message board.....The successful financial advisors that I know would never be able to log the number of posts that you all have....they are too busy servicing clients and prospecting.

Wait! Stay! I'm not done making fun of you, yet.

P.S. I couldn't stand accounting, either. I did both audit and tax and have a master's in accounting, but would rather piss razor blades than practice accounting.

[quote=skeedaddy]Now I see where everyone has been. C'mon, just let the guy do what's
best
for him and stop beating him up. Geez, you guys are like desperate
housewives.

It takes a sadomasochist to enjoy this career and its not for everyone.
Everyone needs a "feeder system" to make a good living at this. You can
have all the credentials in the world, and still struggle. If doctors had to
send out mass-mailings, cold call and do seminars, they'd be starving
too. That's whats wrong with our industry.

I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14
years registered with NASD, do you think they set up a VIP lounge to take
clients? No way. They suck.

How much do you want for the CFP books anyway?[/quote]

Thanks for the comments....if you are serious (i have to be skeptical).  Anyway, like I said this job is just not for me.  Anyway, if anyone wants the books, make an offer.  I am just trying to get rid of them, I paid $895 for them.

[quote=rightway] [quote=skeedaddy]Now I see where everyone has been. C'mon, just let the guy do what's
best
for him and stop beating him up. Geez, you guys are like desperate
housewives.

It takes a sadomasochist to enjoy this career and its not for everyone.
Everyone needs a "feeder system" to make a good living at this. You can
have all the credentials in the world, and still struggle. If doctors had to
send out mass-mailings, cold call and do seminars, they'd be starving
too. That's whats wrong with our industry.

I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14
years registered with NASD, do you think they set up a VIP lounge to take
clients? No way. They suck.

How much do you want for the CFP books anyway?[/quote]

I make more than 3 times the average doctor, and I have not done a public seminar in my entire career.  I am about 95% fee based, charge the typical mutual fund shareholder pays, have sent about 50 kids to college, seen about 200 people retire early, sheltered a couple hundred from the 2000 market disaster, and funded a few hundred cavation home purchases. 

As for the doctor comparrison?  Well, I am not saving any lives or bringing new life into the world, but I am allowing those that do the ability to concentrate on that and not their financial matters.

This job is NOBLE!!!!! See it that way, be patient,  and you will be paid well and feel good. 

Go Sell Stuff and you will have to be a "sadomasochist to enjoy this career and its not for everyone. Everyone needs a "feeder system" to make a good living at this. You can have all the credentials in the world, and still struggle."

I don't struggle, and I never have.


[/quote]

I would bet a large sum that you don't make 3x what the average doctor makes.  It is amazing, everyone on this board makes $500K.  I never knew that I was surrounded by such greatness.....BS.

 with the exception of you.

[quote=cpafp]

[quote=rightway] [quote=skeedaddy]Now I see where everyone has been. C'mon, just let the guy do what's
best
for him and stop beating him up. Geez, you guys are like desperate
housewives.

It takes a sadomasochist to enjoy this career and its not for everyone.
Everyone needs a "feeder system" to make a good living at this. You can
have all the credentials in the world, and still struggle. If doctors had to
send out mass-mailings, cold call and do seminars, they'd be starving
too. That's whats wrong with our industry.

I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14
years registered with NASD, do you think they set up a VIP lounge to take
clients? No way. They suck.

How much do you want for the CFP books anyway?[/quote]

I make more than 3 times the average doctor, and I have not done a public seminar in my entire career.  I am about 95% fee based, charge the typical mutual fund shareholder pays, have sent about 50 kids to college, seen about 200 people retire early, sheltered a couple hundred from the 2000 market disaster, and funded a few hundred cavation home purchases. 

As for the doctor comparrison?  Well, I am not saving any lives or bringing new life into the world, but I am allowing those that do the ability to concentrate on that and not their financial matters.

This job is NOBLE!!!!! See it that way, be patient,  and you will be paid well and feel good. 

Go Sell Stuff and you will have to be a "sadomasochist to enjoy this career and its not for everyone. Everyone needs a "feeder system" to make a good living at this. You can have all the credentials in the world, and still struggle."

I don't struggle, and I never have.


[/quote]

I would bet a large sum that you don't make 3x what the average doctor makes.  It is amazing, everyone on this board makes $500K.  I never knew that I was surrounded by such greatness.....BS.

[/quote]

YOU shouldn't believe it. You have done so poorly that making a lot of money is outside the realm of your reality.

I like accounting OK, but I like being a financial advisor much better and it pays much better for the same amount of effort in my world.  I can work like a dog for a month for $20,000 in tax/accounting fees, or I can drop one nice ticket and do the same thing.  That decision is pretty easy for me.

I don't know about pissing razor blades, but I do know that I help a lot of people, get a lot of personal satisfaction from doing it, and am easily on pace to make six figures this year(albeit not anywhere near $500,000...yet).

Most importantly, I'm happy...I love what I do.  Since cpafp didn't, moving on is a good decision.

[quote=Indyone]

I like accounting OK, but I like being a financial advisor much better and it pays much better for the same amount of effort in my world.  I can work like a dog for a month for $20,000 in tax/accounting fees, or I can drop one nice ticket and do the same thing.  That decision is pretty easy for me.

I don't know about pissing razor blades, but I do know that I help a lot of people, get a lot of personal satisfaction from doing it, and am easily on pace to make six figures this year(albeit not anywhere near $500,000...yet).

Most importantly, I'm happy...I love what I do.  Since cpafp didn't, moving on is a good decision.

[/quote]

I like it, too. I could watch it all day long. When I left grad school, Arthur Andersen paid me $40,000 a year to tick, tie, and add columns down and across. They pimped me out at $240 per hour. Now, I'm making more than the rate they pimped me out at, which is more than the average partner makes.

[quote=Indyone]

I like accounting OK, but I like being a financial advisor much better and it pays much better for the same amount of effort in my world.  I can work like a dog for a month for $20,000 in tax/accounting fees, or I can drop one nice ticket and do the same thing.  That decision is pretty easy for me.

I don't know about pissing razor blades, but I do know that I help a lot of people, get a lot of personal satisfaction from doing it, and am easily on pace to make six figures this year(albeit not anywhere near $500,000...yet).

Most importantly, I'm happy...I love what I do.  Since cpafp didn't, moving on is a good decision.

[/quote]

Thank you!  Finally a sensable person on this board.  I can believe six figures no problem.  I appreciate your comments.  Iam glad that you are happy with your career, I just couldn't see myself doing that for the rest of my life.  Good luck!  I hope that you take a lot of business from the others here.

[QUOTE]

"...They pimped me out at $240 per hour. Now, I'm making more than the rate they pimped me out at, which is more than the average partner makes. "

[/quote]

Yeah, I'm so sure.  Keep dreaming!

[quote=cpafp]

[QUOTE]

"...They pimped me out at $240 per hour. Now, I'm making more than the rate they pimped me out at, which is more than the average partner makes. "

[/quote]

Yeah, I'm so sure.  Keep dreaming!

[/quote]

How would YOU know? You weren't good enough to get hired by a big six firm! In fact, it sounds like you're not good enough for anything.

[quote=cpafp]

[quote=rightway] [quote=skeedaddy]Now I see where everyone has been. C’mon, just let the guy do what’s
best
for him and stop beating him up. Geez, you guys are like desperate
housewives.

It takes a sadomasochist to enjoy this career and its not for everyone.
Everyone needs a “feeder system” to make a good living at this. You can
have all the credentials in the world, and still struggle. If doctors had to
send out mass-mailings, cold call and do seminars, they’d be starving
too. That’s whats wrong with our industry.

I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14
years registered with NASD, do you think they set up a VIP lounge to take
clients? No way. They suck.

How much do you want for the CFP books anyway?[/quote]

I
make more than 3 times the average doctor, and I have not done a public
seminar in my entire career.  I am about 95% fee based, charge the
typical mutual fund shareholder pays, have sent about 50 kids to
college, seen about 200 people retire early, sheltered a couple hundred
from the 2000 market disaster, and funded a few hundred cavation home
purchases. 

As for the doctor comparrison?  Well, I
am not saving any lives or bringing new life into the world, but I am
allowing those that do the ability to concentrate on that and not their
financial matters.

This job is NOBLE!!! See it that way, be patient,  and you will be paid well and feel good. 

Go Sell Stuff and you will have to be a "sadomasochist
to enjoy this career and its not for everyone. Everyone needs a “feeder
system” to make a good living at this. You can have all the credentials
in the world, and still struggle."

I don’t struggle, and I never have.


[/quote]

I would bet a large sum that you don't make 3x what the average doctor makes.  It is amazing, everyone on this board makes $500K.  I never knew that I was surrounded by such greatness.....BS.

[quote=cpafp]

[quote=rightway] [quote=skeedaddy]Now I see where everyone has been. C’mon, just let the guy do what’s
best
for him and stop beating him up. Geez, you guys are like desperate
housewives.

It takes a sadomasochist to enjoy this career and its not for everyone.
Everyone needs a “feeder system” to make a good living at this. You can
have all the credentials in the world, and still struggle. If doctors had to
send out mass-mailings, cold call and do seminars, they’d be starving
too. That’s whats wrong with our industry.

I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14
years registered with NASD, do you think they set up a VIP lounge to take
clients? No way. They suck.

How much do you want for the CFP books anyway?[/quote]

I make more than 3 times the average doctor, and I have not done a public seminar in my entire career.  I am about 95% fee based, charge the typical mutual fund shareholder pays, have sent about 50 kids to college, seen about 200 people retire early, sheltered a couple hundred from the 2000 market disaster, and funded a few hundred cavation home purchases. 

As for the doctor comparrison?  Well, I am not saving any lives or bringing new life into the world, but I am allowing those that do the ability to concentrate on that and not their financial matters.

This job is NOBLE!!! See it that way, be patient,  and you will be paid well and feel good. 

Go Sell Stuff and you will have to be a "sadomasochist to enjoy this career and its not for everyone. Everyone needs a “feeder system” to make a good living at this. You can have all the credentials in the world, and still struggle."

I don’t struggle, and I never have.


[/quote]

I would bet a large sum that you don't make 3x what the average doctor makes.  It is amazing, everyone on this board makes $500K.  I never knew that I was surrounded by such greatness.....BS.

He also failed to mention that looking for a new career wasn’t HIS idea.

[quote=Dirk Diggler][quote=cpafp]

[QUOTE]

"...They pimped me out at $240 per hour. Now, I'm making more than the rate they pimped me out at, which is more than the average partner makes. "

[/quote]

Yeah, I'm so sure.  Keep dreaming!

[/quote]

How would YOU know? You weren't good enough to get hired by a big six firm! In fact, it sounds like you're not good enough for anything.

[/quote]

Last I heard E&Y was a big six firm.  Such a dumb ass.  At least the firm I worked for still exists.  You were probably one of the ones shredding Enron workpapers.

[quote=rightway] [quote=cpafp]

[quote=rightway] [quote=skeedaddy]Now I see where everyone has been. C'mon, just let the guy do what's
best
for him and stop beating him up. Geez, you guys are like desperate
housewives.

It takes a sadomasochist to enjoy this career and its not for everyone.
Everyone needs a "feeder system" to make a good living at this. You can
have all the credentials in the world, and still struggle. If doctors had to
send out mass-mailings, cold call and do seminars, they'd be starving
too. That's whats wrong with our industry.

I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14
years registered with NASD, do you think they set up a VIP lounge to take
clients? No way. They suck.

How much do you want for the CFP books anyway?[/quote]

I make more than 3 times the average doctor, and I have not done a public seminar in my entire career.  I am about 95% fee based, charge the typical mutual fund shareholder pays, have sent about 50 kids to college, seen about 200 people retire early, sheltered a couple hundred from the 2000 market disaster, and funded a few hundred cavation home purchases. 

As for the doctor comparrison?  Well, I am not saving any lives or bringing new life into the world, but I am allowing those that do the ability to concentrate on that and not their financial matters.

This job is NOBLE!!!!! See it that way, be patient,  and you will be paid well and feel good. 

Go Sell Stuff and you will have to be a "sadomasochist to enjoy this career and its not for everyone. Everyone needs a "feeder system" to make a good living at this. You can have all the credentials in the world, and still struggle."

I don't struggle, and I never have.


[/quote]

I would bet a large sum that you don't make 3x what the average doctor makes.  It is amazing, everyone on this board makes $500K.  I never knew that I was surrounded by such greatness.....BS.

[/quote]

If, after 15 years doing this, I made only $500k I would quit. 

The numbers are not that hard to get to when your fee based, especially for an Indy:  If you are collecting an average of 1%, you only need to be manageing around $60 million (the extra 100k is for expenses).  With the rollovers coming out today well over 1/2 million each, a few 1 and 2 million dollar clients in there, after a few years your there! 

I am not Indy, but I manage a big multiple of $50 million.  I can't speak for everyone on the board, but I think you would be surprised at how much money we make, but as I illuded to in my origional post, it is not about the money so much.  The longer you are in the business, the more you become financially independent, and you look for the satisfaction to come from places other than the commission check.  Believe what you like though.
[/quote]

If you manage $50MM at 1% that is only $500K GROSS, that is not how much you make.  I know some out there make good money, just seems odd that such a high percentage have so much time to post on here.  The ones I know sure don't.

[quote=joedabrkr] [quote=cpafp]

[quote=rightway] [quote=skeedaddy]Now I see where everyone has been. C'mon, just let the guy do what's
best
for him and stop beating him up. Geez, you guys are like desperate
housewives.

It takes a sadomasochist to enjoy this career and its not for everyone.
Everyone needs a "feeder system" to make a good living at this. You can
have all the credentials in the world, and still struggle. If doctors had to
send out mass-mailings, cold call and do seminars, they'd be starving
too. That's whats wrong with our industry.

I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14
years registered with NASD, do you think they set up a VIP lounge to take
clients? No way. They suck.

How much do you want for the CFP books anyway?[/quote]

I make more than 3 times the average doctor, and I have not done a public seminar in my entire career.  I am about 95% fee based, charge the typical mutual fund shareholder pays, have sent about 50 kids to college, seen about 200 people retire early, sheltered a couple hundred from the 2000 market disaster, and funded a few hundred cavation home purchases. 

As for the doctor comparrison?  Well, I am not saving any lives or bringing new life into the world, but I am allowing those that do the ability to concentrate on that and not their financial matters.

This job is NOBLE!!!!! See it that way, be patient,  and you will be paid well and feel good. 

Go Sell Stuff and you will have to be a "sadomasochist to enjoy this career and its not for everyone. Everyone needs a "feeder system" to make a good living at this. You can have all the credentials in the world, and still struggle."

I don't struggle, and I never have.


[/quote]

I would bet a large sum that you don't make 3x what the average doctor makes.  It is amazing, everyone on this board makes $500K.  I never knew that I was surrounded by such greatness.....BS.

[/quote]

I never claimed to make 500k, nor has Indy.  I'm not skipping any meals, though.  Best of all in my mind, I own a business I don't have a J-O-B.

I don't think you posted here to sell your books.  You just want people to listen to your whining about how this busines is 'soooooo hard' and endorse your new career.  You didn't get what you wanted, so now you're annoyed.
[/quote]

I really would be just happy to sell my books and go on my merry way.

Your books are unlucky. They didn’t work for you.

[quote=cpafp][quote=joedabrkr] [quote=cpafp]

[quote=rightway] [quote=skeedaddy]Now I see where everyone has been. C'mon, just let the guy do what's
best
for him and stop beating him up. Geez, you guys are like desperate
housewives.

It takes a sadomasochist to enjoy this career and its not for everyone.
Everyone needs a "feeder system" to make a good living at this. You can
have all the credentials in the world, and still struggle. If doctors had to
send out mass-mailings, cold call and do seminars, they'd be starving
too. That's whats wrong with our industry.

I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14
years registered with NASD, do you think they set up a VIP lounge to take
clients? No way. They suck.

How much do you want for the CFP books anyway?[/quote]

I make more than 3 times the average doctor, and I have not done a public seminar in my entire career.  I am about 95% fee based, charge the typical mutual fund shareholder pays, have sent about 50 kids to college, seen about 200 people retire early, sheltered a couple hundred from the 2000 market disaster, and funded a few hundred cavation home purchases. 

As for the doctor comparrison?  Well, I am not saving any lives or bringing new life into the world, but I am allowing those that do the ability to concentrate on that and not their financial matters.

This job is NOBLE!!!!! See it that way, be patient,  and you will be paid well and feel good. 

Go Sell Stuff and you will have to be a "sadomasochist to enjoy this career and its not for everyone. Everyone needs a "feeder system" to make a good living at this. You can have all the credentials in the world, and still struggle."

I don't struggle, and I never have.


[/quote]

I would bet a large sum that you don't make 3x what the average doctor makes.  It is amazing, everyone on this board makes $500K.  I never knew that I was surrounded by such greatness.....BS.

[/quote]

I never claimed to make 500k, nor has Indy.  I'm not skipping any meals, though.  Best of all in my mind, I own a business I don't have a J-O-B.

I don't think you posted here to sell your books.  You just want people to listen to your whining about how this busines is 'soooooo hard' and endorse your new career.  You didn't get what you wanted, so now you're annoyed.
[/quote]

I really would be just happy to sell my books and go on my merry way.

[/quote]

Well if the $700 bucks is som important to you, I think maybe a few of us will chip in and give you the $$ just so you go away.  Then again the whining has been fun for entertainment value.

Have you ever heard of EBAY?

[quote=Dirk Diggler] Your books are unlucky. They didn't work for you. [/quote]

Never used them.  never took the test.

[quote=cpafp]

[quote=Dirk Diggler] Your books are unlucky. They didn't work for you. [/quote]

Never used them.  never took the test.

[/quote]

I think you should keep them where you can see them every day, to remind you of yet another failure in your life.

[quote=Dirk Diggler][quote=cpafp]

[quote=Dirk Diggler] Your books are unlucky. They didn't work for you. [/quote]

Never used them.  never took the test.

[/quote]

I think you should keep them where you can see them every day, to remind you of yet another failure in your life.

[/quote]

You must have trouble reading.....I am CHOOSING to leave.  Like I said, it is not my cup of tea.  More power to you if it is yours.

[quote=cpafp][quote=Dirk Diggler][quote=cpafp]

[quote=Dirk Diggler] Your books are unlucky. They didn't work for you. [/quote]

Never used them.  never took the test.

[/quote]

I think you should keep them where you can see them every day, to remind you of yet another failure in your life.

[/quote]

You must have trouble reading.....I am CHOOSING to leave.  Like I said, it is not my cup of tea.  More power to you if it is yours.

[/quote]

I can read so well that I can read between the lines. What I'm reading is someone who can't take responsibility for his inaction. It doesn't matter to me, son. You are the one who will be there wherever you go.

[/quote]

"....You are the one who will be there wherever you go. "

[/quote]

How right you are!

Btw, 5 mill aum in the 1st year sucks! I did 10 mill in my 1st year, and I was with EJ. So now I know you really did suck at sales. But we knew that in the beginning. Please leave this board now. You really haven’t earned the right to post here. Loser!

[quote=cpafp][quote=rightway] [quote=cpafp]

[quote=rightway] [quote=skeedaddy]Now I see where everyone has been. C'mon, just let the guy do what's
best
for him and stop beating him up. Geez, you guys are like desperate
housewives.

It takes a sadomasochist to enjoy this career and its not for everyone.
Everyone needs a "feeder system" to make a good living at this. You can
have all the credentials in the world, and still struggle. If doctors had to
send out mass-mailings, cold call and do seminars, they'd be starving
too. That's whats wrong with our industry.

I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14
years registered with NASD, do you think they set up a VIP lounge to take
clients? No way. They suck.

How much do you want for the CFP books anyway?[/quote]

I make more than 3 times the average doctor, and I have not done a public seminar in my entire career.  I am about 95% fee based, charge the typical mutual fund shareholder pays, have sent about 50 kids to college, seen about 200 people retire early, sheltered a couple hundred from the 2000 market disaster, and funded a few hundred cavation home purchases. 

As for the doctor comparrison?  Well, I am not saving any lives or bringing new life into the world, but I am allowing those that do the ability to concentrate on that and not their financial matters.

This job is NOBLE!!!!! See it that way, be patient,  and you will be paid well and feel good. 

Go Sell Stuff and you will have to be a "sadomasochist to enjoy this career and its not for everyone. Everyone needs a "feeder system" to make a good living at this. You can have all the credentials in the world, and still struggle."

I don't struggle, and I never have.


[/quote]

I would bet a large sum that you don't make 3x what the average doctor makes.  It is amazing, everyone on this board makes $500K.  I never knew that I was surrounded by such greatness.....BS.

[/quote]

If, after 15 years doing this, I made only $500k I would quit. 

The numbers are not that hard to get to when your fee based, especially for an Indy:  If you are collecting an average of 1%, you only need to be manageing around $60 million (the extra 100k is for expenses).  With the rollovers coming out today well over 1/2 million each, a few 1 and 2 million dollar clients in there, after a few years your there! 

I am not Indy, but I manage a big multiple of $50 million.  I can't speak for everyone on the board, but I think you would be surprised at how much money we make, but as I illuded to in my origional post, it is not about the money so much.  The longer you are in the business, the more you become financially independent, and you look for the satisfaction to come from places other than the commission check.  Believe what you like though.
[/quote]

If you manage $50MM at 1% that is only $500K GROSS, that is not how much you make.  I know some out there make good money, just seems odd that such a high percentage have so much time to post on here.  The ones I know sure don't.

If the right thing to do is to subtract 10 to 15 percent from whatever you hear regarding an exam score it is even more correct to multiply whatever you hear in the way of compensation and/or things related to compensation such as AUM by 35 to 40 percent.

Even within an office there are huge gaps between what one hears in the rumor mill and reality.

[quote=rightway] [quote=cpafp][quote=rightway] [quote=cpafp]

[quote=rightway] [quote=skeedaddy]Now I see where everyone has been. C'mon, just let the guy do what's
best
for him and stop beating him up. Geez, you guys are like desperate
housewives.

It takes a sadomasochist to enjoy this career and its not for everyone.
Everyone needs a "feeder system" to make a good living at this. You can
have all the credentials in the world, and still struggle. If doctors had to
send out mass-mailings, cold call and do seminars, they'd be starving
too. That's whats wrong with our industry.

I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14
years registered with NASD, do you think they set up a VIP lounge to take
clients? No way. They suck.

How much do you want for the CFP books anyway?[/quote]

I make more than 3 times the average doctor, and I have not done a public seminar in my entire career.  I am about 95% fee based, charge the typical mutual fund shareholder pays, have sent about 50 kids to college, seen about 200 people retire early, sheltered a couple hundred from the 2000 market disaster, and funded a few hundred cavation home purchases. 

As for the doctor comparrison?  Well, I am not saving any lives or bringing new life into the world, but I am allowing those that do the ability to concentrate on that and not their financial matters.

This job is NOBLE!!!!! See it that way, be patient,  and you will be paid well and feel good. 

Go Sell Stuff and you will have to be a "sadomasochist to enjoy this career and its not for everyone. Everyone needs a "feeder system" to make a good living at this. You can have all the credentials in the world, and still struggle."

I don't struggle, and I never have.


[/quote]

I would bet a large sum that you don't make 3x what the average doctor makes.  It is amazing, everyone on this board makes $500K.  I never knew that I was surrounded by such greatness.....BS.

[/quote]

If, after 15 years doing this, I made only $500k I would quit. 

The numbers are not that hard to get to when your fee based, especially for an Indy:  If you are collecting an average of 1%, you only need to be manageing around $60 million (the extra 100k is for expenses).  With the rollovers coming out today well over 1/2 million each, a few 1 and 2 million dollar clients in there, after a few years your there! 

I am not Indy, but I manage a big multiple of $50 million.  I can't speak for everyone on the board, but I think you would be surprised at how much money we make, but as I illuded to in my origional post, it is not about the money so much.  The longer you are in the business, the more you become financially independent, and you look for the satisfaction to come from places other than the commission check.  Believe what you like though.
[/quote]

If you manage $50MM at 1% that is only $500K GROSS, that is not how much you make.  I know some out there make good money, just seems odd that such a high percentage have so much time to post on here.  The ones I know sure don't.

[/quote]

Read my post.  it would be 600K in production with $100k to pay for expenses=take home 500k.  THis is not my situation though, as I work for ML, with a net pay-out of around 50%, so my production and AUM is much higher.  I like this  forum for a variety of reasons, and I would say I spend about an hour a week checking thins out.  You choose to leave the business perhaps because you never fully got how to do it right?   It takes time to get in the groove, and most poeple don't stick with it anyway.  Good luck to you.
[/quote]

If you work FOR Merrill, your payout is not "around 50%."

[quote=cpafp][quote=Dirk Diggler][quote=cpafp]

[quote=Dirk Diggler] Your books are unlucky. They didn't work for you. [/quote]

Never used them.  never took the test.

[/quote]

I think you should keep them where you can see them every day, to remind you of yet another failure in your life.

[/quote]

You must have trouble reading.....I am CHOOSING to leave.  Like I said, it is not my cup of tea.  More power to you if it is yours.

[quote=ezmoney]Btw, 5 mill aum in the 1st year sucks! I did 10 mill in my 1st year, and I was with EJ. So now I know you really did suck at sales. But we knew that in the beginning. Please leave this board now. You really haven't earned the right to post here. Loser![/quote]

I had $15MM in AUM I had $5MM in NNA.  Can you read?

[quote=Dirk Diggler][quote=rightway] [quote=cpafp][quote=rightway] [quote=cpafp]

[quote=rightway] [quote=skeedaddy]Now I see where everyone has been. C'mon, just let the guy do what's
best
for him and stop beating him up. Geez, you guys are like desperate
housewives.

It takes a sadomasochist to enjoy this career and its not for everyone.
Everyone needs a "feeder system" to make a good living at this. You can
have all the credentials in the world, and still struggle. If doctors had to
send out mass-mailings, cold call and do seminars, they'd be starving
too. That's whats wrong with our industry.

I went to the NASDAQ-100 tennis open this week in Miami, FL. After 14
years registered with NASD, do you think they set up a VIP lounge to take
clients? No way. They suck.

How much do you want for the CFP books anyway?[/quote]

I make more than 3 times the average doctor, and I have not done a public seminar in my entire career.  I am about 95% fee based, charge the typical mutual fund shareholder pays, have sent about 50 kids to college, seen about 200 people retire early, sheltered a couple hundred from the 2000 market disaster, and funded a few hundred cavation home purchases. 

As for the doctor comparrison?  Well, I am not saving any lives or bringing new life into the world, but I am allowing those that do the ability to concentrate on that and not their financial matters.

This job is NOBLE!!!!! See it that way, be patient,  and you will be paid well and feel good. 

Go Sell Stuff and you will have to be a "sadomasochist to enjoy this career and its not for everyone. Everyone needs a "feeder system" to make a good living at this. You can have all the credentials in the world, and still struggle."

I don't struggle, and I never have.


[/quote]

I would bet a large sum that you don't make 3x what the average doctor makes.  It is amazing, everyone on this board makes $500K.  I never knew that I was surrounded by such greatness.....BS.

[/quote]

If, after 15 years doing this, I made only $500k I would quit. 

The numbers are not that hard to get to when your fee based, especially for an Indy:  If you are collecting an average of 1%, you only need to be manageing around $60 million (the extra 100k is for expenses).  With the rollovers coming out today well over 1/2 million each, a few 1 and 2 million dollar clients in there, after a few years your there! 

I am not Indy, but I manage a big multiple of $50 million.  I can't speak for everyone on the board, but I think you would be surprised at how much money we make, but as I illuded to in my origional post, it is not about the money so much.  The longer you are in the business, the more you become financially independent, and you look for the satisfaction to come from places other than the commission check.  Believe what you like though.
[/quote]

If you manage $50MM at 1% that is only $500K GROSS, that is not how much you make.  I know some out there make good money, just seems odd that such a high percentage have so much time to post on here.  The ones I know sure don't.

[/quote]

Read my post.  it would be 600K in production with $100k to pay for expenses=take home 500k.  THis is not my situation though, as I work for ML, with a net pay-out of around 50%, so my production and AUM is much higher.  I like this  forum for a variety of reasons, and I would say I spend about an hour a week checking thins out.  You choose to leave the business perhaps because you never fully got how to do it right?   It takes time to get in the groove, and most poeple don't stick with it anyway.  Good luck to you.
[/quote]

If you work FOR Merrill, your payout is not "around 50%."

[/quote]

When you factor deferred comp, Merrill DOES pay out around 50%.  Get your facts straight.

[quote=joedabrkr] [quote=cpafp][quote=Dirk Diggler][quote=cpafp]

[quote=Dirk Diggler] Your books are unlucky. They didn't work for you. [/quote]

Never used them.  never took the test.

[/quote]

I think you should keep them where you can see them every day, to remind you of yet another failure in your life.

[/quote]

You must have trouble reading.....I am CHOOSING to leave.  Like I said, it is not my cup of tea.  More power to you if it is yours.

[/quote]

That's right, just keep telling yourself that........"I CHOSE to leave.  I CHOSE to leave. I CHOSE to leave....."
[/quote]

What a dumba$$ you cannot even spell!  What is CHOSE?  Is that moronspeak?  I really want to trust my money with you.

[quote=cpafp][quote=joedabrkr] [quote=cpafp][quote=Dirk Diggler][quote=cpafp]

[quote=Dirk Diggler] Your books are unlucky. They didn't work for you. [/quote]

Never used them.  never took the test.

[/quote]

I think you should keep them where you can see them every day, to remind you of yet another failure in your life.

[/quote]

You must have trouble reading.....I am CHOOSING to leave.  Like I said, it is not my cup of tea.  More power to you if it is yours.

[/quote]

That's right, just keep telling yourself that........"I CHOSE to leave.  I CHOSE to leave. I CHOSE to leave....."
[/quote]

What a dumba$$ you cannot even spell!  What is CHOSE?  Is that moronspeak?  I really want to trust my money with you.

[/quote]

[quote=mikebutler222][quote=cpafp][quote=joedabrkr] [quote=cpafp][quote=Dirk Diggler][quote=cpafp]

[quote=Dirk Diggler] Your books are unlucky. They didn't work for you. [/quote]

Never used them.  never took the test.

[/quote]

I think you should keep them where you can see them every day, to remind you of yet another failure in your life.

[/quote]

You must have trouble reading.....I am CHOOSING to leave.  Like I said, it is not my cup of tea.  More power to you if it is yours.

[/quote]

That's right, just keep telling yourself that........"I CHOSE to leave.  I CHOSE to leave. I CHOSE to leave....."
[/quote]

What a dumba$$ you cannot even spell!  What is CHOSE?  Is that moronspeak?  I really want to trust my money with you.

[/quote]

[/quote]

I assumed he was speaking in the present tense.  I got testy and I will admit that I am the dumba$$ now for jumping to conclusions!  At least I can admit when I am wrong.

This post is funny, keep it up! hahaha

[quote=cpafp][quote=mikebutler222][quote=cpafp][quote=joedabrkr] [quote=cpafp][quote=Dirk Diggler][quote=cpafp]

[quote=Dirk Diggler] Your books are unlucky. They didn't work for you. [/quote]

Never used them.  never took the test.

[/quote]

I think you should keep them where you can see them every day, to remind you of yet another failure in your life.

[/quote]

You must have trouble reading.....I am CHOOSING to leave.  Like I said, it is not my cup of tea.  More power to you if it is yours.

[/quote]

That's right, just keep telling yourself that........"I CHOSE to leave.  I CHOSE to leave. I CHOSE to leave....."
[/quote]

What a dumba$$ you cannot even spell!  What is CHOSE?  Is that moronspeak?  I really want to trust my money with you.

[/quote]

[/quote]

I assumed he was speaking in the present tense.  I got testy and I will admit that I am the dumba$$ now for jumping to conclusions!  At least I can admit when I am wrong.

[quote=cpafp]

[quote=ezmoney]Btw, 5 mill aum in the 1st year sucks! I did 10 mill in my 1st year, and I was with EJ. So now I know you really did suck at sales. But we knew that in the beginning. Please leave this board now. You really haven’t earned the right to post here. Loser![/quote]

I had $15MM in AUM I had $5MM in NNA.  Can you read?

[quote=joedabrkr] [quote=cpafp][quote=mikebutler222][quote=cpafp][quote=joedabrkr] [quote=cpafp][quote=Dirk Diggler][quote=cpafp]

[quote=Dirk Diggler] Your books are unlucky. They didn't work for you. [/quote]

Never used them.  never took the test.

[/quote]

I think you should keep them where you can see them every day, to remind you of yet another failure in your life.

[/quote]

You must have trouble reading.....I am CHOOSING to leave.  Like I said, it is not my cup of tea.  More power to you if it is yours.

[/quote]

That's right, just keep telling yourself that........"I CHOSE to leave.  I CHOSE to leave. I CHOSE to leave....."
[/quote]

What a dumba$$ you cannot even spell!  What is CHOSE?  Is that moronspeak?  I really want to trust my money with you.

[/quote]

[/quote]

I assumed he was speaking in the present tense.  I got testy and I will admit that I am the dumba$$ now for jumping to conclusions!  At least I can admit when I am wrong.

[/quote]

That would be the most accurate statement you've made in this entire thread.  It would also be the first time I've observed you to admit that you are wrong, though you've been presented with a number of opportunities to do so.

I wish you luck, I really do.  It's good that you're moving on because:

1.)   Clearly you have a problem with the hard work involved in building up a book.
2.)  Your temper is too quick and you are far too think-skinned toe last through the first few hard years.
3.)  If you're not familiar with the word "chose", clearly your command of the English language is somewhat suspect.  One must be able to comunicate extremely well to be a financial advisor.

Are we finally done now?  Or are you going to post again to remind us how successful you were before you CHOSE to leave the business, and then lament again that "All I wanted to do was sell my books!"

Bye now!

By the way-thanks Mike!
[/quote]

All I would love to do now is beat the living crap out of you.  You anywhere near the SE?

cpafp
Newbie

"All I would love to do now is beat the living crap out of you.  You anywhere near the SE?"

________________

Yep sure I'm right here in Boca tough guy....come on over!

Not really.  I CHOOSE not to share my location with you.

Wow it's so easy to get you wound up....and you just keep coming back for more!!!  Your persistence is admirable, but I told you that temper issue would be problematic for you if you wanted to run with the big dogs!

Truth sometimes hurts, eh?

I hope the doctors don't poke fun at you or you'll probably assault one of them right there in the operating room.  Docs are known to be a little tempermental now and then. 

Look I don't want you to bust a blood vessel, so I think I'll climb out of the sandbox for a while and spend time with others who can share their toys without having a tantrum.

Thanks for stopping by, and turn the lights out when you leave.