The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Miller predicts bootstrapping a new business to $10M within five years
“So if I were to start another business, I'd say I could probably do it in well under five, and this is bootstrapping with no funding, of course. It's all organic growth”
A rogue trader cost Miller's firm over $10M, forcing voluntary client repayments
“So that, that ended up costing my firm well over ten million dollars that I was the majority owner of in addition to the millions and millions of dollars that our clients lost and ended up voluntarily repaying back our clients, but that, but yeah, that, that's…”
Miller: Peach Capital's ARPU is $1,900 per retail client
“Our current average ARPU is, is 1900 for the end client, the end retail client, not the advisor.”
Miller: Peach Capital ARPU will reach ~$5,100 per retail client
“When our service model is, is implemented more efficiently and we bring on more wealth management firms, our ARPU is going to be about 5100 per end retail client.”
Miller: Peach Capital acquired ~10 companies since 2013
“In 2013, to answer your question I started buying companies. We bought approximately 10 companies. Which consisted of a broker, dealer, tax firm investment advisory.”
Miller: Peach Capital will finish the year at $7.5M in revenue
“We were number one 22 on the 5000. How many thousands of percents that was we'll end the year this year in at 7.5 million.”
Miller: The average financial advisor is 61 years old
“The average age of a financial advisor is 61 years old, and 10, even more importantly, 10% of those advisors are under the age of 35.”
Miller scaled an acquired business from $200K to $10M in 2.5 years
“I scaled my second business to ten million plus in approximately two and a half years. You know, they had started with a couple hundred grand in revenue when I acquired it, and totally transformed it, built a leadership team”
Miller: Firm paid millions in legal fees over five years fighting SEC
“We paid a couple million dollars in legal fees over the, over five or so years.”
Miller: Hemp business expanded to 30,000 DTC customers in a couple years
“We expanded it from Having a couple online customers to 30,000 DTC customers and one to two wholesale relationships to over a hundred wholesale relationships in a matter of a couple of years.”