2 ms·
Fundamentally it is a different employment model. The 10k fee is to inspire commitment and weed out non-serious candidates. After that, the new manager is essen
by gbronner 7y ago
Fundamentally it is a different employment model.
The 10k fee is to inspire commitment and weed out non-serious candidates.
After that, the new manager is essentially on commission.
This allows CFA to find people who are ambitious irrespective of current wealth.