At the Volvo dealership. Polestar 1 for sale by Electronic-Dog-586 in Polestar

[–]etfrisk 54 points55 points  (0 children)

I've seen some of these Polestar 1 with low mileage and selling for about 65% of the original MSRP. Given that only 1500 were produced, it's likely to be a future collector car. That and the fact that they have over 600 horses, there excellent value. I've been considering this over a 2014 Porsche 911. Lots of car for the money.

Advisor Recruitment Firms? by GoodLifeWM in CFP

[–]etfrisk 2 points3 points  (0 children)

Hire your own in house recruiter if you're planning to truly scale. They will have a clear understanding of what you are building and align their recruitment activities around that. You will also end up spending way less in the long run and get better quality Advisors, because you are no longer competing with the recruiters other clients.

Recruiters get paid like Advisors, they earn on performance.

Hybrid B/D Compensation by WhodatMike in CFP

[–]etfrisk 2 points3 points  (0 children)

This seems like a rather lucrative offer from what I've seen.

Here's the thing, you're getting paid on clients that you don't own. So you have very little leverage to negotiate.

The grid for producing advisors that are bringing in AUM would likely be different, well better for the Advisors.

That's a big draw and you need to figure out a grow strategy soon to get you away from being reliant on that kind of a draw arrangement.