“The different fee structures we’re seeing across our growing practices are on par with advisors providing comprehensive services,” says Jim Cannon.
What’s driving all this desire to build large financial advisory operations? One reason may be that in a post-COVID world, tech costs are rising.
Since the onset of zero interest rates it is easier to understand why the 4% rule has become all but obsolete, unless of course you know where to go.
Behavioral economics is the underlying theme of the latest augmentations to the Orion platform. New models and allocation tools factor in psychology.
Gemmer isn’t trying to compete with the giants of the industry or conquer the world. Instead, they’re focused on working with advisors just like them.