How your financial advisor makes $10,000 per hour
“I’ve been so busy I haven’t been able to rebalance my clients’ accounts in 10 months.” Those were the words of an advisor managing hundreds of millions of dollars of people’s hard earned savings. Hundreds of millions of dollars that have been ignored for 10 months, and he’s getting paid a lot to ignore that money. And know what’s worse? He really doesn’t need to do anything. That’s how most of my industry operates. I call it “The $10,000 Conversation.” A typical advisory fee