Target a Niche, Avoid High Minimums

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 across each of the groups listed below. But many would also add that they are striving to move up market and intend to institute higher minimum portfolio size…

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