
How to Maximize Your Firm's Long-Term Value
Barron's Advisor
00:00
The Baron's Data Is Very Fascinating
Average fee charged is approximately 60 basis points. But then the average account size is two point seven million. So this, i go back over, no tons of transactions, but i would say, like a pirate, what is an average basis point charge in the industry? I would put it right at 70 72 basis points. And so perhaps you take a hard look at your fee schedule and make sure that you're charging appropriately for delivering service. You know, wev put together the pano. We've identified that our profitability ratios here, or our revenue per employee, are less than the baron's top adviser sowarter. Some things as a business owner you would advise someone to take
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