Such predictions attract publicity, name recognition and a bigger client base in a business where investors pay thousands, if not millions, for stock advice and investment guidance.
"In some reasonable period of time, certainly in five years, the New York office should be twice as big as the L.A. office," he added, "and maybe sooner than that, because of the substantially bigger client base".
Viniar said Goldman needs those additional employees for its expanded footprint around the world and its bigger client base.
If the broker also trades securities and commodities, for instance, then you know that the broker has a bigger client base and a wider business reach.
A very, very large client base.
Centrica, for instance, has no nuclear expertise but a big British client base, so it would make sense for the company to team up with an experienced nuclear operator such as RWE or EDF.Bidders are less interested in British Energy's ageing existing plants than in potential new ones.
The partnership has been a year in the making and will get Twilio in front of a big potential client base of AT&T SMB and enterprise customers.
Slick 30-second commercials from major hedge funds like Paulson & Company, the $24 billion fund run by John A. Paulson, are unlikely to start appearing on network television: for the bigger players, the client base is largely institutional, and therefore less swayed by mass marketing.
A big chunk of the client base is Latin American reportedly, America's Federal Bureau of Investigation is investigating whether he had money-laundering links to a Mexican drugs cartel.
