Giant RIAs in old-fashioned donnybrook for advisors and clients
Edelman Financial Engines is suing Mariner Wealth Advisors, alleging that Mariner is poaching its clients and running Edelman out of business.
It’s a story that sounds right out of the booming 1990s retail brokerage industry, when wolves roamed Wall Street right next to the bulls and bears, looking to snatch up brokers from rivals.
One industry giant poaches financial advisors from a top competitor, leaving the rival spitt
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