As part of the sale of the EF Hutton trademarks, Stanley Hutton Rumbough, grandson of Edward Francis Hutton, has the option to invest in and join the board of the firm’s first four special purpose acquisition companies.
A lot can be learned listening to clients’ experiences working with financial advisors—good and bad. We talked to Steve Morrow of Gilbert, Ariz., an accountant with a large health care company and founder of kayaking website paddleabout.com.
Carolyn Armitage, former managing director at M&A consultant Echelon Partners, will lead the independent advisor platform, currently with 180 advisors.
ProPublica published an article this week detailing that several of the world’s most prominent billionaires paid minimal to no federal income tax in some years, based on confidential tax records.
The Justice Department accused Paul R. McGonigle of defrauding several investors by making withdrawals from their annuities without their approval or knowledge.
