[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?