I used to be a client but lost interest in my account and would now love to come back. You should charge each client a minimum of $200 a month in order to adequately fund customer service, compliance, and technology. You seem to be overwhelmed by unprofitable clients who love complaining online.
Charge clients at least $200 a month
- Thread starter JoePublic
- Start date
How do you charge clients $200/mo to cover your nut, but the clients are not profitable following your recommendations?
(Clients expect a LOT from their paid adviser... probably unreasonably more than they should expect but they do no nonetheless.)
(Clients expect a LOT from their paid adviser... probably unreasonably more than they should expect but they do no nonetheless.)
why transmit a recommendation to the client rather than just doing it for them thru a master/sub account?
What is Joe talking about? Tell him to buy the Oct $20 PRPL and he makes $10-$3 x C and I get $200? Or buy GM $34 Nov at $2, sell at $4 during the Hum EV spike?
no, you just do it for them and charge a percentage of AUM
Client of whom/what?
Hair Club for Men, maybe? The most incoherent start to a thread in quite a long while.
Joe Public just went full retard. Not too different than the real general public really. He sure was on the nose with his name decision.
I had to log off to read this thread again just in case there were posts missing because it doesn't make any sense.
Looks like the thread starter forgot to post important info or maybe...
The world is going to shit...nothing makes any sense...time to take some hits and listen to B52's.
wrbtrader