A good friend of mine is an RIA, and he interviews his clients, not the other way around! Imagine that! He just turned away someone a week or so ago, he could tell they weren’t cut out for his style of investing, despite his incredible track record. They would most certainly be the daily or weekly called asking why the market is down and if they should get out or the market is up, should we take the profits and get out; type of person. It would be incredibly difficult to manage someone’s emotions AND their money.