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Slava · 01-31-2017, 02:52 PM

I think it will be interesting to see how these companies do going forward. In the US there are some huge companies (in terms of assets in management) and really the average account size is not huge (under $20k is what I read). That means that they're pulling in $50-$100 per client, per year. That's pretty rough, and it's hard to stay in business with that kind of margin.

01-31-2017, 02:52 PM	#4
Slava Franchise Player Join Date: Dec 2006 Location: Calgary, Alberta Exp:	I think it will be interesting to see how these companies do going forward. In the US there are some huge companies (in terms of assets in management) and really the average account size is not huge (under $20k is what I read). That means that they're pulling in $50-$100 per client, per year. That's pretty rough, and it's hard to stay in business with that kind of margin.