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Ep 319: Competing For Big Clients As A Small Boutique With A Focus On Task Management With Jim Niedzinski

Financial Advisor Success

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Is True Independence a Broker Dealer or an RA?

95 percent retention or whatever sounds great but I wonder how much of that is just inertia yeah probably a pretty good amount. 250 million of AUM less than 50 clients so like average clients north of 5 million I guess of investable which means net worth even even higher than that only taking 5 million plus going forward. There and there's three of you it's it's you and a partner and someone providing support client client service management supportYeah so I think you said as well you've got some outsourced support on the back end from true independence so they're an RA themselves they're a team of people who there's compliance technology some consulting support he basically supply what an independent broker dealer almost would

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