The 10 most influential figures in the RIA business going into 2012, Part 2
These advisors and executives made dramatic moves that advanced the business of registered investment advisors
Jeff Spears
Impressive list, all chasing the same dream – create a national/scalable brand. Isn’t this the business model that caused professionals to break away from large firms?
Mike Wilson
Would like to know the answer to Jeff’s question as well.
Brooke Southall
Yes, that’s a big question. For my thoughts on that, look here: http://www.riabiz.com/a/9228337
I have my eyes peeled for a secondary breakaway movement from these firms. That may be an acid test.
Bill Winterberg
And just like that, roughly 24 hours from posting Advent’s Hess as RIABiz’s #1 influential figure for 2012, he gets selected to succeed current CEO Stephanie DiMarco on July 1. How about that?!?
<a href="http://blogs.advent.com/executive-view/2012/01/05/2012-opportunities-in-change/" rel="nofollow">http://blogs.advent.com/executive-view/2012/01/05/2012-opportunities-in-change/</a>
Brooke Southall
Thanks for noticing, Bill. We strive to wag dogs. And we’re about to publish an article about the succession.
Brooke
Related Moves
With RIA valuations ticking down and successions ticking up, Focus Financial deep sixes 'drunken sailor' pause, forgoes buyback plan and adds a CEO
CEO Rudy Adolf sees a 'softening' in multiples after a couple of frothy years when CI Financial dominated headlines and big RIA deals
August 13, 2022 at 12:39 AM
Adam Birenbaum's calls 'Colony' deal -- to create $100-billion super-RIA -- a 'mandate,' but it's also likely a 'prelude' to larger strategic objective, M&A expert says
The 46-year-old CEO of Buckingham Wealth's 'long game' approach keeps paying dividends; it comes down to his approach to relationships
May 7, 2024 at 5:04 AM
Michael Nathanson's new post as Focus CEO could create an 'apparent conflict' with his duties at Colony Group, which is snapping up billions in Focus RIA assets -- but 'partners' now have one of theirs in the power seat
The CEO of Colony, the $22-billion Boston RIA, is buying $10.4-billion GW & Wade from Focus, making him buyer and seller, as he takes the reins as first permanent Focus CEO since Rudy Adolf.
May 1, 2024 at 3:02 AM
Joe Duran's second RIA act is rocking with eight staff, four co-founders and a conspicuously anti-United Capital concept that will flip RIA stakes 'eventually' as a minority investor
The United Capital founder paradoxically promises to 'passively' buy minority stakes as a backdrop for going hyper-active with quick-strike capability to apply super-consulting and technology to create explosive growth as a prelude to a sale.
November 29, 2023 at 3:23 AM
See more related moves
MarketCounsel | HamburgerLaw
Compliance Expert, RIA Set-up Firm, Regulatory Consultant
Top Executive: Brian Hamburger
United Capital Financial Advisers
RIA Welcoming Breakaways
Top Executive: Joe Duran
Focus Financial Partners, LLC
Consolidator/Roll-up Firm
Top Executive: Rudy Adolf
