This business has been incorrectly valued by Moron junior...

This business has been incorrectly valued by Moron junior analysts parading their CFA which are conflakes qualifications by people who couldn't get into the best universities.

Institutional mandates are not things of value. They are allocations that generate only temporary revenue. They can pulled without cause.

Strip those out of this MFG business and its basically still "Overvalued" by 3-4x its true intrinsic value.

Stripping out mandate revenue which is now ALL at risk ans make no mistake They are mostly going to leave this is lucky to be a $5 stock with an expensive capital eating investment bank attached and no way to raise money. I mean who is going to give them more.

For the retail component, the planners will pull 20-30% over next 3 years leaving far less than today. Why ?

It's performance return data is smashed forever.
The 1yr affects 3yr affects 5 year. Now the whole enchilada is smashed. House of cards.

Don't listen to the company they didn't tell you what was going on. HUBRIS is the culture and it's just another castle in the sky.

Take your money and reinvest elsewhere.