The first question I ask an advisor is, 'What are you saying now when someone asks you what you do' Oftentimes the advisor says 'I am a vice president with x brokerage.' This is too generic, and it's not client-centric.
More Quotes from John Nersesian:
The goal isn't for the advisor to divorce him or herself from the brand, but rather to go beyond it.John Nersesian
Rebalancing forces the investor to do what is typically emotionally uncomfortable but financially productive. Emotional biases tempt us to chase performance. An advisor can bring an objective third party perspective that's more rational.
John Nersesian
We think the concern is well-founded, and that's not based on a prediction that inflation will be higher in the future, but we find that the impact of inflation is often underestimated in the planning process. Small numbers have a big impact over longer-term horizons.
John Nersesian
If I want to build wealth to transfer to the next generation, I can let it grow on a tax-free basis.
John Nersesian
When we speak with leading advisors, those that really take their practice seriously, the really good ones do have client advisory boards. They are willing to spend the time and effort to embrace other methods or practices.
John Nersesian
The REIT market is liquid, there are low transaction costs in terms of getting in and out, and you avoid the maintenance headaches of ownership (while maintaining exposure to an asset class) that could perform well in theory should inflation go up.
John Nersesian
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Based on Topics: Vice & Virtue QuotesBased on Keywords: client-centric
You would have thought that after 9/11 the president would have finished the job in Afghanistan, and kept the focus on capturing Bin Laden and his al-Qaeda deputies, but he and his team gave top priority to their original plan to invade Iraq.
Bill Nelson
A budget should reflect the values and priorities of our nation and its people.
Mary Landrieu
Apparently, the most difficult feat for a Cambridge male is to accept a woman not merely as feeling, not merely as thinking, but as managing a complex, vital interweaving of both.
Sylvia Plath