Simple reason: USAA's low-overhead structure is ideally suited to its dominant bond funds, and bonds have been doing just fine in the summer correction.
The collapse was the result of a collision between the tractor-trailer and the overheadstructure of the bridge, Washington State Patrol Chief John Batiste told reporters.
This also applies to the cost structure of the practice as such advisors prefer to keep low overhead and not experience the pressure of having to cover a larger bill and therefore maintain high overhead.