Financial Advisor Success cover image

Ep 331: Getting Comfortable Hiring Advisors 'Early' As The Advisory Business Revenue Grows With Jake Northrup

Financial Advisor Success

CHAPTER

How First Descent Fee Structure Works

As of today, you're sitting with 78 clients, $550,000 of run rate revenue. It's just the three of us, but we do outsource investment management to a firm called First Descent. Clients just pay them directly if they want the service. So I wait, so I got to understand fee structure of how this works that like clients are paying First Descent as opposed to you. How does fee structure works?

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner