John Nersesian
John Nersesian
advisory client effort embrace good leading methods practice speak spend time willing
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.
advisor biases bring chase emotional forces investor objective party perspective third
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.
advisor beyond divorce goal herself rather
The goal isn't for the advisor to divorce him or herself from the brand, but rather to go beyond it.
advisor ask asks oftentimes president question saying vice
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.
address congress growing increasing passing simple
Congress can address that dilemma, or growing probability of AMT exposure, by passing legislation that retroactively reduces that bite, and it would probably be as simple as maintaining or increasing the exemption amount.
based concern higher impact inflation numbers planning prediction small
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.
balances emotional few found people rational view
It's the emotional vs. the rational or logical. In many instances, people view these balances as found money, but there are few instances when cashing out makes sense.
memorable duration comfort
Perhaps the price of comfort is that life passes more rapidly. But for anyone who has lived in uneasiness, even for a short, memorable duration, it's a trade-off that will gladly be made.
home light ems
The masses-I love em-they rush for red lights, risking everything to capture a few seconds, only to get home and waste their lives.
writing expectations romance
Although I didn't write myself off as a complete failure, all illusion and romance was gone. I was no longer able to inflate myself; I had disappointed my own expectations and was genuinely worried about dying in the streets.
age teens predictions
When I was in my teens, I made an appraisal of how comfortable my life could turn out when I became the age I am now. Because of a mechanical failure, the prediction was inexact.
fun live-life latter
Is it so wrong to just live life and enjoy it? Between fun and function, why must we choose the latter?
ambition self strings
As the components of your life are stripped away, after all the ambitions and hopes vaporize, you reach a self-reflective starkness-- the repetitious plucking of a single overwound string.
want next generations
If I want to build wealth to transfer to the next generation, I can let it grow on a tax-free basis.