(1). The lion’s share of a wealth manager’s job. Rich people can be very needy at times.
“Yeah, the meeting went fine. These folks need a lot of hand holding, you know? Hey, as long as they keep paying those fees, right?”
Hand Holding
RANDOM LINGO
Death By A Thousand Cuts
(1). Having so many things to do, that you end up at the bar around the corner, having done none of them.
alt. death by a thousand paper cuts (for you pencil-pushing office rats out there)
“Dammit, Greg! This project is like death by a thousand cuts! I have so many to-do’s on my list, I don’t even know which one to do first! Arghh!” (window breaking… …thud… …)
Leverage
(1). To call upon the resources of other areas of the company in order to arrive at a solution for a client request.
(2). To employ the assistance of other areas of the firm, usually used by H.R. or management to suggest that the firm operates as one, cohesive unit, when in actuality it operates as several, disjointed and often combative factions.
“Look Susan, I just don’t think your leveraging your resources here enough. There is absolutely no reason that you can’t ask the person sitting next to you where the bathroom is.”