DSC advisors find unlikely ally

DSC advisors find unlikely ally

12 Comments
  • Susan 2015-09-11 10:16:22 AM
    My thoughts exactly
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  • Brad Jardine 2015-09-11 10:49:37 AM
    Seems a few big industry players have been longing for this for quite a while. Let's take these small advisor books and move them to employee status at the side counter... all under the guise of transparency and retail investor betterment. Can't afford to get established in the business? Come and work for us, we'll take care of you.
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  • Mark 2015-09-11 11:14:25 AM
    This scenario assumes that 100% of the clients will agree to a fee based structure and don't leave to manage their own accounts or go to a bank for their investments. It also doesn't take into account those clients with assets under $500,000 which is probably the cut off limit for an advisor to generate enough fees to cover the costs for all of the necessary client services.
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