Many financial advisors tell me that they suffer from sleep disorders. I have experienced disruptive sleep patterns since my childhood. Often, I will wake up at 3 or 4 AM and have difficulty getting back to sleep. My mind kicks in and will not rest. I think about my business and the challenges we face. Like many high achievers, I am driven to achieve business goals and my focus is on what we need to do to accomplish our objectives. At times, my desire to achieve those goals gets in the way of my performance.
Last week, U.S. discount broker Charles Schwab released a research report indicating that one in four American investors is considering changing firms or advisors, consistent with recent data on Canadian investors open to making a move.
An interesting insight emerged when investors were asked why they might switch. The top two factors, each mentioned 32% of the time, were desire for a better fee structure and better advice. Just behind in 29% of cases where investors are contemplating a move was the desire for more proactive contact.
In the coaching business, they say that a client will bring the coach something that the coach has already personally dealt with, something that the coach is currently dealing with or something that the coach has never dealt with.
I am fortunate that I have twenty years of experience and it isn’t that often that a client brings me something that I have never dealt with.
This is the fifth time this week that I have experienced something like this client wrote on their Coaching Call Client Prep Form – The Challenges And Problems I Am Facing Now; “my mother’s health/aging”.
Tata Motors (TTM): Big potential for Nano by AdvisorAnalyst 17 Mar 2010 at 11:09pm
by Paul Goodwin, editor The Cabot China & Emerging Markets Report
The Cabot China-Timer has flashed a new buy signal, telling us the trend of Chines... Gold is Money by AdvisorAnalyst 17 Mar 2010 at 9:24pm
by Nick Barisheff, BMG Inc.
Unlike the world’s currencies, gold retains its value
In a speech I recently gave at The Empire Club of Toronto , I ref... The Ins and Outs of Physically Backed Commodity ETFs by AdvisorAnalyst 17 Mar 2010 at 8:19am
This article is a guest contribution by Tom Lydon, ETFTrends.com.
Commodity exchange traded funds (ETFs) have attracted a rabid investor following... Pressure Increasing on China to Revalue Yuan; What Can Go Wrong? by AdvisorAnalyst 17 Mar 2010 at 8:15am
By Michael ‘Mish’ Shedlock
Pressure on China to do something about its allegedly undervalued currency is mounting by the day. Please consider the... Lessons from India by AdvisorAnalyst 17 Mar 2010 at 7:48am
by Norm Trainor
I just returned from a ten day business trip to India. During my trip, I learned many lessons about life, business and people in I...
Stay on top of the latest headlines from the Wall Street Journal Online.
WSJ What's News Late Edition, March 17, 2010by The Wall Street Journal 17 Mar 2010 at 4:56pm
Stocks rise again as the Dow closes at a 2010 high; wholesale prices fall in February, showing inflation remains in check; and MillerCoors shakes things up with a new brew.
Jeffrey Saut Daily Audio Comment Raymond James
Listen to the recording with one of the media players below:
Jeff Saut’s Daily Audio Comment is recorded every weekday, except Wednesday, at 9 a.m. ET. It is made available to the public on this Web page at approximately 1 p.m. ET.
Last week, U.S. discount broker Charles Schwab released a research report indicating that one in four American investors is considering changing firms or advisors, consistent with recent data on Canadian investors open to making a move.
Updated Twice Daily - Click to Listen