Darryl Brown, CFA

Head of Eastern Canada
Associate Client Relationship Manager

[David O’Leary, CFA @DavidPOLeary]

Check this out this coming Saturday! My friend @TimNashCFP is one of the driving forces behind this great event. Hope to see you there.

https://t.co/ukZqdSl2mQ

[Roma Luciw @RomaLuciw]

I did, however, enjoy the visual of this headline - and making this Stress Test episode on the ups and downs of investing with @darrylcabrown and @rcarrick https://t.co/uQnwmWcLdg

[Darryl Brown, CFA @darrylcabrown]

It's been quite the ride the last 3 years. The short advice is: DON'T TINKER WITH YOUR INVESTMENTS!

@rcarrick and I get into more, below 👇🏾

[Roma Luciw @RomaLuciw]

I did, however, enjoy the visual of this headline - and making this Stress Test episode on the ups and downs of investing with @darrylcabrown and @rcarrick https://t.co/uQnwmWcLdg

[Darryl Brown, CFA @darrylcabrown]

💯

[Mark McGrath @MarkMcGrathCFP]

News and headlines are 100% noise.

Zero signal.

Turn off BNN and Bloomberg,

It's doing you more damage than good.

[Darryl Brown, CFA @darrylcabrown]

@BoomerandEcho @OfficialFPCan I’d have more the a few clients push back on inflation, short-term and borrowing if I were to use those (I wouldn’t).

There’s a tendency to forget these numbers are used over a number of decades so shouldn’t whipsaw with every market move but I’m probably giving this a C-

[Darryl Brown, CFA @darrylcabrown]

@rcarrick Was just reading this. Selling prices are very solid even in my hood, which is home to the world famous Dufferin Mall.

[Darryl Brown, CFA @darrylcabrown]

Uh oh, dividend-paying stocks at the top like you tryin' to start a riot out here?

[Darryl Brown, CFA @darrylcabrown]

Trying to render y'all fintweeters obsolete today. Better we know sooner than later, right? 🤷🏾

[Darryl Brown, CFA @darrylcabrown]

Showoff...

[Darryl Brown, CFA @darrylcabrown]

Might have some red-ink for this, but mostly solid.

[Darryl Brown, CFA @darrylcabrown]

...

[Darryl Brown, CFA @darrylcabrown]

Was here before tho. When I started as a Jr. Analyst in '07, the bots were already roaming around picking away at work. Back then, AI was able to "read" 10Q's (quarterly reports) pick relevant data and even form a basic opinion on the earnings release 🤖...

[Darryl Brown, CFA @darrylcabrown]

Trying to render y'all fintweeters obsolete today. Better we know sooner than later, right? 🤷🏾

[Darryl Brown, CFA @darrylcabrown]

...which is a massive part of the work we do.

[Darryl Brown, CFA @darrylcabrown]

Showoff...

[The Compound @TheCompoundNews]

"There are very few ironclad rules when it comes to stock market patterns, so you’re not guaranteed to experience gains just because the previous year was a dud." ↘️↗️ - @awealthofcs

https://t.co/vn3VbaUFWB

[Darryl Brown, CFA @darrylcabrown]

… and here’s the improvement

https://t.co/SXWeLrPZmr @OHaraClare

[Darryl Brown, CFA @darrylcabrown]

Ok - So CRM2 (Enhanced investor disclosure) yaaaay, you see the advisor fees broken as separate transactions 😎 and investors focus their attention there as they should, but it takes attention away from the investment products, which ALSO have fees 👀

[Darryl Brown, CFA @darrylcabrown]

It's not that CRM2 made things worse, some disclosure is better than none.

At least It's resulted in fewer people coming to me saying they pay NO fees 😣. But it certainly feels like the disclosure is incomplete and there's room to improve.

[Darryl Brown, CFA @darrylcabrown]

2.1% on $1.9M is almost $40K per year in fees to the "advisor" (who, to their credit calls maybe four times instead of once per year) and the investment manager.

IG. No shocker. And there are LOTS of these accounts out there.