Two Great Pieces of Advice….How to Choose an Equity Advisor ! and how an Equity Advisor should choose or deal with various Client Types !

Two Great Pieces of Advice here…Thanks to two of my regulars on my network ,KC and RH for this blog

How to Choose an Equity Advisor !


How an Equity Advisor should choose or deal with various Client Types !

How does one choose an Equity Advisor !?

Quite simply,the Advisor should know the way,himself !

Well illustrated by this simple logic of a child straight from his heart….

A little boy was waiting for his mother to come out of
the grocery Store. As he waited, he was approached by a man who asked, “Son, can
you tell me where the Post Office is?”

The little boy replied, “Sure!
Just go straight down this street a couple blocks and turn to your

The man thanked the boy kindly and said, “I’m the new pastor in
town. I’d like for you to come to church on Sunday. I’ll show you how to get to

The little boy replied with a chuckle. “Awww, come on…You
don’t even know the way to the Post

How an Equity Advisor should choose or deal with various Client Types !

Simply reproducing Joshua Brown’s thought provoking take on this…a guy who’s walked the talk…Me too Joshua…but let’s give all Clients credit for testing our Values and Convictions and how consistent are we ourselves in these !


The Ten Clients from Hell (And How to Cope)

 By Joshua Brown 




I am very fortunate as a financial advisor to have an amazing group of clients I work with each day. I consider it an honor to have been given this responsibility by the households I am responsible for; helping people invest for the future is my life’s work and the relationships I have now with clients mean a lot to me both professionally and personally. But it was not always thus.

There was a time when I would take the business anywhere I could get it. As a young man in the industry that was the job, and in my ambition I foolishly believed that I could work with anyone so long as he or she had investable assets. Boy was I in for an education!

I learned the hard way that there are some client types that no advisor should take on if he or she can help it. I’ve made a list below for young men and women in the wealth management industry to learn from—and veteran advisors to knowingly chuckle at.

Here are the Ten Clients from Hell and how to cope with them:

1. The Sophisticate: There are some investors who believe simple is stupid and that any investment portfolio run on their behalf must be both complex and intricate in order to be worthy of their time and money. They are more concerned with process than they are with outcome; hitting financial goals over time takes a backseat to executing put spreads and iron condor option trades.

How to Cope: Ask the client what is more important to them: comfortable retirement or satisfying intellectual curiosity through experimental trade expression.

2. The Armchair Quarterback: This client will second guess almost everything you do on their behalf and will often suggest alternatives to your own suggestions, no matter how much research you have done. Armchair quarterbacks believe they are simply making conversation; they typically don’t mean to drive the advisor crazy even if that ends up being the net effect over months and months. read more