And now they have that business's DFM or their asset manager or their I mean, in that sense, are we more talking here about, because I just want to be clear on this, like are we more talking now in the independent space where both the advisor and the product provider or the DFM in this instance is independent? Like, does it matter where you find yourself?

No.

So when I talk about independence from a portfolio construction and an investment product perspective, it's broad.

So it has to do with your entire businesses as well as your independent businesses.

If your independent businesses hosts, say, theoretically their own investment portfolios, the question then becomes, all right, allocation to those portfolios, is that... because that is truly the best solution at the end of the day within your building block construct? Or is that driven more by commercial interest? No, you can manage that.

I mean, doing that, there are some operational efficiencies in doing so.

And we intend on doing the same.

I mean, even when you launch your fund, what should people be asking you guys? Maybe I