Avoid High Minimums. Target a Niche Instead!

The rational for Higher Minimums is unclear and mostly around creating a cache that adds no real value. Want to grow fast, drop the High Minimums, and target a Niche!

Carving out a certain niche to operate in can be a highly lucrative endeavor, yet when asked about the composition of their practice, many Advisors would likely reveal that they have a mix, likely ac…