Re: How does an Advisor avoid Poor House?
That's an easy one Lucretia, ask me a hard one next time, this is the hand of God, you know.
This particular advice was capable of being <!--EZCODE ITALIC START-->
commoditised<!--EZCODE ITALIC END-->, therefore there is no <!--EZCODE BOLD START-->
added value<!--EZCODE BOLD END--> in it, might as well read our Leader's DIY Guide.:|
If advisors are to avoid the Poor House they will have to <!--EZCODE BOLD START-->
add value<!--EZCODE BOLD END-->. They will have to give advice which is not capable of being commoditised and spread around the Pub.
<!--EZCODE ITALIC START-->
Mithrandir<!--EZCODE ITALIC END--> gave some good examples once, I can't remember where. But in those examples genuine advice was dispensed which was not capable of being copied or commoditised for everybody.
SSIAs are like toothpaste, lots of varieties but really much the same and most people can make their own choice, price probably being as good a determinant as any. If Dentists relied on earning a crust upon recommending a brand of toothpaste they wouldn't all be driving Mercs.8)
I see <!--EZCODE ITALIC START-->
RainyDay<!--EZCODE ITALIC END--> slipped in before me.>: