What one recruiter learned about Schwab's franchises after talking to Mary
Initially skeptical, on closer inspection and after talking to Schwab's first franchisee, our correspondent sees a real value proposition in the offing
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July 16, 2022 at 1:35 AM
Firstgroup Recruiting Solutions, LLC
Recruiter
Top Executive: Frederic St Laurent Jr
Elmer Rich III
Rule #1 — Follow the AUM. It sounds like a standard franchise model with some “stores” company owned and other “independent” franchises — all branded Schwab.
With the transition and pending dissolution of many Boomer-owned businesses, no doubt modeled by Schwab, this looks like a natural asset capturing network for the brand and business identity that will have the most continuity for the RIA’s clients — again Schwab.
All roads for all assets lead back to — Schwab. Of course, they will protest but — follow the money.
