Ep 343: The Evolution Of Super-OSJ Platforms To Support Independent Advisors With Rita Robbins
Financial Advisor Success
00:00
The Perception That Values Get Unlocked in the Independent Channel
I feel like a lot of the industry discussion these days around business values and the multiples is very specifically focused on the RA channel. We don't have an independent RA and that's been a very, very deliberate business decision not to. All businesses are ultimately valued on their cash flow, right? Their revenue, their profitability. And so it doesn't matter whether you're looking at a car dealership or a technology company or a financial advisors practice. So when we take a look at what we paid for technology, what the platform cost are, we have two clearing firms in our group. You know, obviously, they have a huge, huge, obviously, scalability of having 12, 13
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