Working in a wealth advisory firm made me more acutely aware of different aspects of the business. I don’t handle client servicing but if you work in a narrow, humble conservation shophouse, there are times when I have to double hat as the coffee auntie so knowing a little about what not to do might be useful in helping the firm not lose a couple of million dollars in AUA. A couple of days ago, I came across this short post from Rivershedge. Rivershedge is written by a 63-year-old retiree who spends part of his retirement time meditating deeply over the serious risk-management considerations of retirement income. In the two latest posts, the author of the blog (let us call him RH for short) shared with us his rather painful experience with his former financial advisory firm, which lead him to leave the firm and use a fee-only adviser....