A team advisers found that life under Merrill Lynch was too restrictive and decided to affiliate with Focus Financial.
Focus Financial Partners has replenished its RIA acquisition war chest with a new $220 million credit facility and is keen to land high-end teams from wirehouses.
CEO Birenbaum says firm has 'pantheon of thought leaders.'
Cousin selling 2009 World Series babble; oh yes, $2.3M baseball card on the same bill
Attention media: Connecting today's news to today's defections ignores the logistics of the business
In 2011, investors continued to struggle with the gap between the historic 10% returns to which they were long accustomed, and the realities of a lower-return, higher-volatility climate. It was a year in which worries over market volatility dominated headlines in the financial press, leaving investors wondering how to adapt their portfolios. But, we believe that to arrive at an effective solution, investors need to start with the right diagnosis.
Many accelerating investment income ahead of expected rate hikes; 'The Fast and the Furious'
Small-business owners stand to benefit from deductions
Top prognosticators way off the mark last year; 'fear du jour'
Guggenheim to purchase Sun Life unit; CEO Mark Walter building a giant
Even a self-professed expert gets it wrong sometimes
