This has multiple tailwinds now.
- There's the continuing squeeze on advisors which should mean the advice section is breakeven or profitable.
- Onboarding of more advisors and FUA as a result of franchise expansion and PCCU referrals
- Platform and FUM flows from advice that's still occurring from PCCU
- Overall market trending upward
- Auxilium now being offered outside of Fiducian
- Cost increases largely factored in (see 1H presentation/report), with headcount increases in the support/admin space
Should see those jaws widen as op leverage plays out once more.
FID General Discussion, page-5
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$8.15 |
Change
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Mkt cap ! $256.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 476 | $8.06 |
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| Price($) | Vol. | No. |
|---|---|---|
| $8.15 | 1982 | 1 |
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