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Low-Cost Tech Rivals Big Ticket Platforms
Independents advisors have been able to acquire low cost technology through licensing agreements or through custodians that can rival billion dollar software used by large wirehouses. So reports Forbes.
In one example, Sophia Bera established Gen Y planning by spending $5,000 to set up her new financial advisor business and will spend another $5,000 in subscriptions and fees during her first year in business.
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