Displaying items by tag: clients
New Investors Want New companies
IPOs are more attractive to new investors than ever before. For most of investing history private equity and IPOs have been harder for retail investors to be a part of…see the full story on our partner Magnifi’s site
Helping Clients Understand Volatility
A little under a month ago the VIX spiked dramatically due to bitcoin reverberations in tech markets and macro inflation trends, and it's trending…see the full story on our partner Positivly’s site
Trust is Still the Catalyst for Client Connection
A new generation of clients always brings a new set of needs to the table, and as much as technical features and analytics are important, trust…see the full story on our partner Positivly’s site
Clients Want Results, Not Just a Diversity Pledge
One of the key ways many investors are directing change with their financial decisions…see the full story on our partner Positivly’s site
This Percentage of Clients Will Come Along When You Breakaway
New York)
Yesterday we ran a piece explaining the level of AUM advisors need to successfully breakaway (cheat sheet: $50m-$100m). Today, we wanted to hit on another key topic: what percentage of clients typically come with an advisor when they break away? Now, this obviously varies a great deal based on particular circumstances, but according to Kestra, the typical rate is 80% in their experience.
FINSUM: This is useful, but only to a point because many advisors will have a great deal of their assets concentrated in a small group of clients, meaning it is a fairly tight number of make or break accounts.