I’m sure a couple of mine were at the top of the list…



I didn’t mean any harm Penny, its just that you are an advisor’s worst nightmare. 

[quote=Scorpio]I'm sure a couple of mine were at the top of the list...

I didn't mean any harm Penny, its just that you are an advisor's worst nightmare. 
[/quote]

Smooch, Scorp! !  No hard feelings.  You could never do me harm anyway (unless I hired you, )  Have a great career!! 

P-

[quote=pennypnch]

[quote=Scorpio]I'm sure a couple of mine were at the top of the list...

I didn't mean any harm Penny, its just that you are an advisor's worst nightmare. 
[/quote]

Smooch, Scorp! !  No hard feelings.  You could never do me harm anyway (unless I hired you, )  Have a great career!! 

P-

[/quote]

[quote=moneyadvisor]

.....I think Penny is hooked.....      ON WHAT?  Your priceless free advise???

Penny, as it has been suggested in other response to you......any advisor worth their salt, is going to want 1% (it's the going rate), and there are too many clients who need the service, and are agreeable to the rate - to make concessions. Merrill is a great firm, that can utilize a vast amount of tools to help you get where you are going. You may have a not so great advisor. That does not mean Merrill is the problem......Of course not...   By the way, do you work for ML?? 

Scorpio.....Merrill's fees are no more than anyone else. Do you honestly think anyone in this day and age, Firm or Advisor is going to price themselves out of the competition.   Is this a trick question??   Really??? Penny

Penny, stay away from insurance companies and bank brokers, in an investment capacity. They have little options, and a ton of proprietary slant  (they push there own products - whether it's right for you or not) (WOW that scenario has NEVER happened to me before!!). Your account of $600,000 would be considered a good piece of business by anyone....except the Goldman types (5-10 million dollar minimums).    (Glad you added that.  Just in case I was stashing another 4.4 mil. that info would have come in handy.)

Merrill, Smith Barney, UBS, Morgan, AG Edwards,Raymond James, Local planners (these are guys who typically used to work at banks or large firms - who wanted a more independent - non corporate environment / like the attorney who leaves a firm to run his own practice) -- and yes even Edward Jones, can do the job for you. It really is the person not the place.  ( I agree on this point.  You have good people in bad places, and bad people in good places.  It's a crap shoot for us common folk.)  Don't think that just because a guy has letters after his name CFP, CFA, CIMA etc, that you are golden. It helps.....but it is no guarantee of performance or service. Set your sights on 8-10% returns over time. Some years may be 15% others 2%. Not many quality portfolios will see less than an "average" return of 8 - 10 % over a 10 year period.

For 1 %, you should expect 2 face to face consultations per year, ( I expect quarterly reviews - personally, after initial consultation at the very least)and a phone call at least 5-6 times during the year, (insert snicker here)to discuss progress, opportunity, and risk. If at the end of one year, you are not happy with the service....fire him or her.

Now finally...............what do you look like.  Like I need a new way to invest MY money.

Sorry, by BS filter was busted tonight. 

Penny

Penny,

Very infrequently does someone of your ........let's say.........Character ...come along. good luck.

Hey Penny,

Do you have any daughters?  I'd LOVE to 'meet' them......

Penny seems a little high maintenance.... even to me.

This explains a lot.

PS. Penny, nothing personal.  High maintenance can be good in some situations, just not in an advisor/client one.

Wow, just re-read my last post.  I'll be writing myself a sticky note to put on my monitor to remind me not to drink and forum chat, obviously not a good combo.    A little red wine apparently makes me too big for my britches.     

I think we've all had enough here.   You guys were fun and thanks for all the advise.  

Penny

Its “advice”.

If you're really a MILF, I'll handle your acct for 50pbs and some hand action every quarter.

Don’t let JoedaBroker hear you…he got a real rise out of Penny.

[quote=skeedaddy]Don't let JoedaBroker hear you...he got a real rise out of Penny. [/quote]

or did Penny get a 'rise' out of you?

She never answered when I asked if she was a MILF..... ;-)

So are you Penny?

No…but I wouldn’t bend down in front of you. So which do you like better,

Cialis or Viagra?

[quote=skeedaddy]No...but I wouldn't bend down in front of you. So which do you like better,
Cialis or Viagra? [/quote]

I haven't needed to try either one!

And I rather doubt you're my type.  I prefer women, and generally intelligent ones. 

My mistake…you intended “ARE you Penny?” I misread as "are YOU Penny?"

I thought you might have been hitting the booz early.



Either way, I had a great day with NASDAQ +32.59. Finally, YHOO is

awakened. Thank God for fat people and their insecurities, Nutrisystems,

NTRI is on fuego   



P.S. Penny…if you like the market and appreciate an advisor that puts his

money where his mouth is, then PM me and we can explore the possibility of

working together.

you guys just can't help yourselves, can you?  still pimpin'

I hope your compliance folks don't see that....

This lady would be the client from hell. 

Yes, I would.... but you'd still love me!