How can I grow $40,000 in a single year?

Aha... alright, then why don't you explain to me what an authorized financial advisor actually is? Please...
Is that some kind of thing from Wells Fargo?

As for profit sharing, I’m not even going to touch that, mostly because I have no clue how much you're planning to put in...

Kyle Nelson2 said:So, you want me to explain what an authorized investment advisor actually is? Fine. Let's get this straight. An authorized investment advisor is a professional who is legally permitted to provide specific financial guidance under the regulations set by the Securities and Exchange Commission. They aren't just some guy with a spreadsheet and a hunch; they are registered entities held to specific legal standards defined in the Securities Act investment advisor article. Basically, if they want to charge you for advice on where to put your money, the SEC requires them to be vetted and registered so they can't just disappear with your capital without oversight. It's about accountability and following the rules. Simple enough?
Is this something from OWB?

Securities Act investment advisor article

Securities Act investment advisor article

Securities Act investment advisor article.

An investment advisor is an employee of an authorized firm who is licensed to provide guidance on securities investments.

The SEC handles the issuance and revocation of investment advisor licenses.

The SEC has the authority to design and run the educational programs and exams required for investment advisors, as well as issue the necessary certifications.

The SEC maintains the official registry of authorized investment advisors.

Under the Securities Act, providing investment advisory services without proper authorization from the SEC is strictly prohibited.

Fines range from $20,000.00 to... $66667 Penalties apply to individuals, officers within a corporation, or anyone operating as an independent contractor if they meet the following criteria:

They are operating as an investment advisor without authorization from the SEC (Securities Act investment advisor article, Section 54, Paragraph 5).

To face three years in prison, you’d have to actually defraud a client or secure some kind of significant material gain.

Look, giving advice to one person isn't going to land you in prison...
if you're out there branding yourself as a 'financial advisor,' pitching services and collecting fees, then sure, you might be in trouble..

besides, just because I show people how to make money—the same way I do—doesn't mean I'm headed to jail...

See, I call myself a 'stock specialist,' not a 'financial advisor.' If I used that title, they'd probably shut down every single boutique firm trading penny stocks or anything similar overnight..

and when those guys from the SEC eventually show up at my door, I’ll just flash my broker's license in their faces and slam the door shut. But for you? You're looking at a report for fraudulent claims.

If you aren't on the official list of authorized investment advisors, you just committed a violation that could land you behind bars for up to three years.

wow!

Quote:
Kyle Nelson2 says:
I'll just tell you which stocks to buy and charge you a flat fee for the consultation... I've been trading since '98...

Fine. Let's say we split the profits 80/20, with me taking the lion's share. But how are we splitting the potential losses?

Very good. You have to play it safe... it would be better if you actually worked at one of those firms... knowing what's really going on behind the scenes... even better if you were upper management... haha then maybe... though that's just a bluff... no way...

Someone like you, glued to the ticker all day... you're fine. It's usually the amateurs on the sidelines jumping in blindly... they're the ones who end up losing everything...