
Ep 331: Getting Comfortable Hiring Advisors 'Early' As The Advisory Business Revenue Grows With Jake Northrup
Financial Advisor Success
00:00
The Rise and Fall of Your Business
So as of today, we're at 78 clients. Right now we have about $550,000 of ongoing revenue. So it's about $7,000 a year of fees. Average net worth is 1.4 million average in a median of around 575 or so. We've kept reinvesting back into the business. And I wanted to feel like, you know, I'd rather prioritize building up the team and getting everyone in place earlier than maximizing profit for the first two years.
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