facebookWhy do so many FA like to show off their wealth? Not sure if it's just me but I've been noticing most of them like to post about how they manage to keep securing new clients etc - Seedly

Anonymous

08 Feb 2023

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General Investing

Why do so many FA like to show off their wealth? Not sure if it's just me but I've been noticing most of them like to post about how they manage to keep securing new clients etc

Is this a red flag?

Discussion (32)

What are your thoughts?

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The main issue is are you comfortable with them & their services ? There's no right or wrong here. To each his own πŸ™‚

Probably to attract attention, boost their image and credibility so that more will join them or become their clients ?

Ernest Yeam Wee Leong

19 Feb 2023

Content Creator at www.youtube.com/c/JustBeingErnest

To attract new clients or to attract new recruits.

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if one does sales, marketing and being in people's mind/attention is crucial to stay in the business long term

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Otherwise how would one get new clients?

Trying to make people feel confident about going with them I guess. Real Estate agents do that as well...

Not a red flag , just marketing gimmick ..

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get to knwo the people managing yoru money is better....

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