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01/02/21 1:19 PM

#11203 RE: NewJerichoMan #11201

I would assume this is one source of cash being used for transactions.

palaypu0406 Monday, 11/09/20 08:57:18 PM
Re: RealDutch post# 918 0
Post # of 1544

Why 9,600 Staff is planned?

We are currently carrying $10.80 Billion Book of Business and we are heading towards $17.78 to $26.4 Billion for 2021. We worked very hard to hit these numbers facing excruciating challenges over the last 4 years burning whatever cash was possible for us .... but some of these assets are now nearing transaction closures in the next 3-6 months, with one or two closing anytime soon.

We have all potential to become $100 plus Billion asset holding company.
Numbers matter very deeply henceforth...and hence the staff planning...

9,000 Independent Network Agents + 600 Employees across 12 Countries (US, Canada, UK, Switzerland, UAE, India, Japan, Singapore, Malaysia, Indonesia, Australia & New Zealand)...

of this, US shall in house 240 (160 Lead Managers, 40 Compliance Supervisors and 40 Product & Counsellors) ... with 3,600 Independent Financial Network Agents (not employees but as advisors) to comb 24 key states for business development,

(a) SDIRA & SD401(k) Practice - builds internal asset acquisition strength
(b) Reg A+ & Reg S DPOs - Umbrella handling
(c) REIT - Farming, Residential & Solar Assets Distribution
(d) Bullion Sales - For over 20 years, Gold has been our pillar of strength
(e) Non-US Mutual Funds white labeling and US Distribution
(f) unsponsored ADRs for non-us listed companies

Our affiliate firm SIRI Global Asset Management Corporation (I am the sole Advisor) holds 27,635 clients with $1.80+ billion plus in tax advisory assets and we plan massively increasing these numbers now as it helps and cushions us serve the assets we are eying to acquire and hold our interests in. Appointing 3,600 advisors will help us safely build 72,000 new SDIRA & SD401K customers yearly four-folding our strength to acquire new assets placing part of this money as the 25% anchor strength.

This entire response is forward looking and one may please follow caution and prudence in making their own assessment as The happening of business is subject to many factors !

Laxmi Prasad