3 ms·
At least as of 10 years ago, national (USA) TV networks have a ton of commercials about investing and “wealth management” from massive financial institutions. I
by baddox 7y ago
At least as of 10 years ago, national (USA) TV networks have a ton of commercials about investing and “wealth management” from massive financial institutions. It must be a massive market with plenty of uncommitted customers to claim.
- dhnsmakala 7y agoIt's about the expected value of a customer. It's probably thousands recurring per year for the wealth management stuff, and people don't switch often. So the customer acquisition cost can be super high -> lots of commercials even with small market compared to other products/services.