True. Unfortuntely, the financial planning industry has been working on revenue multiples for a long time and not (higher) EBITDA multiples which makes so much more sense.
A lot of planners have got themselves into a mess by leveraging up into books of clients they could never actually service if they had to (which they are going to need to from now on or they income gets turned off). That's their own fault but the system has been broken too.
True. Unfortuntely, the financial planning industry has been...
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