I thought it is a widespread believe that many financial advisory firms impose sales quotaa on their representatives. Apparently this is supposed to be something "secretive" about it. Recently I made a remark here:

http://forums.sgfunds.com/viewtopic.php?t=3345

that clients of financial advisers should ask their advisers whether do they have sales quota to meet and if so how high. If unable to achieve the target, what is the penalty?

Apparently this simple statement drew criticism from fellow practitioners. Well, I wouldn't know whether are they practitioners since they hide beyond an anonymous nick. I am amazed by the very long but insulting remarks made against me & my firm. I gathered I must have hit on raw nerves with these anonymous practitioners as it is obvious that they could have rather high sales quota to meet.

I don't know about you but as a consumer myself, if there are two persons and if all things are equal, I'll definitely not do business with a person that has high sales quota. Hey, you can never be sure whether your interest comes first or that sales pressure comes first. Buyer beware.