I have a very simple business model that has methodically transitioned itself
from 100% commissioned-based to almost all fee based. My practice contains
a large population of retired and pre-retired clients seeking current income.
Therefore, I have priced my RIA platform very competitively at 50-60 basis points
for the fee schedule. I have a 10-year exit strategy for retirement and I am seeking
to acquire one more similarly based practice that will allow me create the income
multiples I attempting to build before the exit strategy is implemented.