By Tony Vidler via Iris.xyz
I have a strong sense that a lot of advisory firms are “going out of business” at the moment and don’t even realise it.
Markets are going well, and commission and fee rates are still at the high end of the scale, and there are still plenty of consumers using advisers really, and a lot the anticipated regulatory bite hasn’t really hit home for most practitioners….
What’s not to like about it?
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