If you have been an advisor or RIA for more than half an hour, you recognize that the easy part of your job is giving clients good advice, and the hard part is convincing them to take it.  There are several unfortunate consequences when clients fail to follow your advice and recommendations:

• They often do something financially stupid or careless
• They figure out a way to blame you for what they did
• They take their business elsewhere
• You become somewhat cynical and bitter  Read More