SO far? These didn't start this year. And I am sure the Ph.D. stock wiz isn't paying more in taxes than he is making.
Honestly, if you can, with a straight face, tell me 90 x $1,500 (the adv. fee) for 3 days in a hotel (which I would laugh at if he actually had to pay for any services since he is booking rooms for the hotel in which he uses), airfare, and a few employees would put him in the red, well, than that is a guy I wouldn't be paying for financial advice.