Cactus Kate snark of the year

Of the year so far, that is. Here she is on Carmel Fisher:

Fisher according to her website has only around $600 million of assets under management and with some 30,000 clients this puts her well and truly in the small fry category on an international level. The average of just $20,000 per client. Again, nothing wrong with this, its just not staggering as of yet, who wishes to have clients with $20,000 of savings? It is very retail.

“It is very retail.” God, how humiliating.