RIA and investor Ancora argues Blucora is mismanaging Avantax, its roll-up of tax-centric broker/dealers, including HD Vest, sending advisors fleeing.
Regulatory disclosures from Justin Reckers’ personal life hurt his career and financial stability.
The recapitalization values Edelman at $7.3 billion, and brings Warburg Pincus' Michael Martin back to the firm as a minority shareholder.
Hiring and managing remote employees requires new initiatives and ingenuity, according to these firm principals.
The team, which specializes in working with corporate executives and families, will be known as Executive Wealth Partners.
CEO Thomas Gottstein said having asset management as a sub-division of the much larger business catering to wealth and high net-worth individuals is “something that I always had some doubts about.”
The acquisition of Atlanta-based Brightworth pushes CI Financial's U.S. AUM to $55 billion.
