Paul C Spitzer

Founding Partner at Advanced Practice Advisors
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  • I don’t know if the wirehouses can survive as they are for another 10 years. You’re making less than 40% of the 100% of the assets you bring in and you’re in the highest tax bracket known to man, whereas in an independent RIA, you get 80% even if you run a sloppy business, and you’re in a low tax bracket.

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