What do you tell your clients today? We are in it for the long term? It's all Obama's fault? Put it all in physical gold?
If you are paid a trailer on your funds/managed money, you simply give the company line of -- it's ok Mrs Smith, we know that buy and hold works best over time, we just have to get through this storm. BTW, do you have any money available b/c now is a great time to add! Seriously, that's what we did.
Tell them that the Marketing is digesting the news, and that they get to eat the shit that comes out when its done.
Private Bankers for the most part are nobs..... However, Private Equity has taken their clients out of the US markets over two years ago or more, for the most part....and rolled them into other areas.
brownsfan019 Registered: Jun 2005 Posts: 2687 08-08-11 10:46 PM If you are paid a trailer on your funds/managed money, you simply give the company line of -- it's ok Mrs Smith, we know that buy and hold works best over time, we just have to get through this storm. BTW, do you have any money available b/c now is a great time to add! Seriously, that's what we did. ____________________________________ CASE IN POINT! FUKING NOBS