Articles tagged "David Hou"

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First Republic's $70B-plus RIA roll-up loses four top executives as its contract with Luminous team ticks down

Sources say another Great Hou-Sear Escape could be in the offing based on the team's clannish ways when it comes to technology

August 8, 2016 — 8:10 PM UTC

How the mastermind of the Luminous Capital breakaway is parlaying his cloak-and-dagger skills into 'Pure Financial Independence'

With his wife, Larissa, as sidearm, Matt Sonnen seeks to fulfill a niche for a service level between John Furey and Shirl Penney

January 19, 2016 — 8:38 PM UTC

10 most influential RIA figures going into 2013 and how they're reshaping the industry, Part 1

2012 was a year of drama as sweeping deals of unexpected size were struck and the industry took to the Hill to fight against FINRA overlords

March 8, 2013 — 4:58 PM UTC

First Republic pays a staggering sum for Luminous Capital, sources say, and shifts the breakaway and M&A games in the bargain

Recruiters are getting renewed interest from big wirehouse teams and the $125 million deal shows that breakaway brokers can realize big enterprise value in short order

November 8, 2012 — 4:53 AM UTC

How the Luminous deal is rocking the recruiting world -- and may set the stage for more fireworks

The former Merrill stars effected an outsized cash deal with First Republic, proving that independence can have monetary rewards to match the psychic ones

November 8, 2012 — 4:39 AM UTC

A $5.5 billion LA-based RIA is getting purchased by First Republic Bank

Luminous Capital has gone from a 2008 Merrill Lynch breakaway to a big bank puzzle piece in 2012

November 5, 2012 — 7:04 AM UTC

U.S. Trust seeks to add hundreds of wealth managers with West Coast-facing poaching campaign

The challenges are obvious, but with Thong Nguyen directing the effort, the Old Money bank stands a chance in the land of nouveau riche, analysts say

January 3, 2011 — 2:39 PM UTC

Luminous Capital makes partners of on-the-loose former Shepherd Kaplan wealth managers

Adding Malloy and Conte was not part of the big LA-based RIA's carefully scripted plans

October 18, 2010 — 4:36 AM UTC

How the new 12b(1) fee restrictions could transform the financial advisory industry

Brokers selling 401(k) plans may have another nail driven into their coffin

July 22, 2010 — 3:56 AM UTC

Hou-Sear team applies Goldman Sachs marketing approach in second year as RIAs

Luminous Capital uses intensive cold-calling and a breakaway strategy to augment giant referral flow

February 16, 2010 — 5:01 PM UTC