Re: Reducing entrepreneurial risk
Hi Dennis,
Thanks for sharing that info. There's clearly a lot of potential, especially if you own your own accounts....
I think it's the same with stock brokers - they tend to own their client lists. So although a stock broker tends to work for a company, if they move companies they tend to take their client lists with them. It means that a stock broker's "value" to a company is BOTH his skill at getting accounts, and ALSO his "list" that he brings with him.
My stock broker moved companies a few months ago - and I dutifully followed him to the new company, and transferred over my accounts. It's just nice to keep dealing with someone you like and trust. :)
Thanks Dennis. :)
- Dien Rice
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