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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (20153)	6/28/2014 3:49:46 PM
From: Raptech	Respond to of 34328

They have no company owned mutual funds to sell so at least they are not pushing their own products. I have no clue what their business model is, but apparently it's a good one. I do know their people are highly trained, having CFA's, CPA's and other professional license designations. I also know they have a stringent product review process, and do not sell products, bonds or equity's unless recommended by the research staff. Among numerous accounts I also have several Schwab accounts, and a local broker assigned to me. I get a call from him periodically wanting to review my accounts, etc., but other than politely brushing him off on the phone I stopped doing business with full service brokers many years ago. With the advent of computers and on line trading my portfolio growth has been above average. They do have excellent resource tools available which I do take advantage of to review my positions and portfolio's. Some people are just not inclined to manage their own investments. I have many wealthy friends that prefer to have others manage their investments, and they seem to do very well.

To: E_K_S who wrote (20153)	6/28/2014 4:22:11 PM
From: Steve Felix	Read Replies (1) \| Respond to of 34328

How the company is doing really has no bearing on what they are doing for their clients. Just shows they have talked enough people into investing with them that they can make money. This chart does not show the trend of the private reits my sisters Ameriprise broker made one heck of a commission selling her. 50k is now under 30k and she has to die to get out of them unless some other company decides to buy them out. Let me tell you how really feel about "financial advisors". lol! I have one friend and one relative with series 6 licenses. One quit high school in 11th grade and later got a GED. The other did five years of college without getting a degree. People trust them with their money. Amazing.