Oisín's Bits: Visa ended Plaid bid to get DOJ off its back; the DOJ is still breathing down its neck • Pershing's NetX360 upgrade makes Orion software hum like at no other custodian -- for now • Addepar says its data shows pandemic made even RIAs misjudge market

Saying that the "Addepar index" is irrelevant because it's made up of U/HNW advisor data only is an erroneous claim. First off unless I missed something in the article I don't see any information published by Addepar that gives the advisor demographics and their average client net worth. And even if the the average net worth were $15MM that isn't the same as average AUM. The average AUA might be. Additionally the industry is telling us that apparently a large enough group of advisors are looking to expand their practice to gain and support U/HNW clients. This is borne out by various webinars and training programs to educate advisors on such topics as how, when and were to use alternatives; what makes a U/HNW family or individual different other than there AUM? and so on. The information does have value to those who are forward thinking and forward looking with respect to their business models and focus. Pete Pete Giza | CPO / CMO | AdvisorPeak Inc