David Klein
David Klein
advice adviser banks client element examine fee include means payment public recommend update
Theoretically, the distribution fee should include an element of payment for advice, after the banks complained that the public wouldn't pay for advice. But being an adviser means more than selling: one has to examine the portfolio, update it and sometimes recommend that the client sell.
advice eventually home majors open prefer situation telling unless
We're open to other people's advice. But I never want to be in a situation where someone else is telling us what to play -- unless it's someone we trust. But you know, we're not anti-label, we're not pro. We don't prefer majors to indies. Someone will eventually take us home or, if not, we'll do it ourselves.