Lawyers vs. Advisors

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patrick013
Posts: 2329
Joined: Mon Jul 13, 2015 7:49 pm

Lawyers vs. Advisors

Post by patrick013 » Wed Sep 12, 2018 12:10 pm

Litigation Tsunami Against Advisors

The lawyers want some active management regarding AA before
or in contemplation of a major market correction. The advisors
in many cases are buy-and-holders. Can we litigate here ?
age in bonds, buy-and-hold, 10 year business cycle

Wm_o_o_o
Posts: 39
Joined: Sat Feb 10, 2018 9:07 pm

Re: Lawyers vs. Advisors

Post by Wm_o_o_o » Thu Sep 13, 2018 4:46 am

patrick013 wrote:
Wed Sep 12, 2018 12:10 pm
Litigation Tsunami Against Advisors

The lawyers want some active management regarding AA before
or in contemplation of a major market correction. The advisors
in many cases are buy-and-holders. Can we litigate here ?
I'm in Urp not Merka at the moment so I'd say no. Lawyers, advisors and others are competing for your pound of flesh because they are losing market share to independent thought. I have lived in a number of countries, the family lawyer or stockbroker / adviser *used* to be a family friend if you were middle class or better. Something has changed, it is all more venal now .

Just in case this was intended as humerous, if you litigate, you'll be benefiting one side more than the other and taking sides isn't fair :)

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patrick013
Posts: 2329
Joined: Mon Jul 13, 2015 7:49 pm

Re: Lawyers vs. Advisors

Post by patrick013 » Sat Sep 15, 2018 4:03 pm

Wm_o_o_o wrote:
Thu Sep 13, 2018 4:46 am
Just in case this was intended as humerous, if you litigate, you'll be benefiting one side more than the other and taking sides isn't fair :)
I think the higher the fee the more possibility the Advisor(s) get sued.
age in bonds, buy-and-hold, 10 year business cycle

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