Rory O’Hara, founder of Ausperity Private Wealth, discusses his journey from cold-calling trainee at Merrill to building a business managing $500 million in client assets, to making the leap to independence as a young team.
With this acquisition, the two firms now have a collective $21 billion in platform assets.
The sudden departure of president Marc Butler comes close on the heels of the exit of two other top executives.
The SEC charged Tron founder Justin Sun with selling unregistered crypto assets, and settled charges with Lindsay Lohan, Jake Paul, Soulja Boy and others for touting them.
Bids for SVB's private bank subsidiary, with $17 billion in assets, are due to the FDIC on Wednesday night.
