RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Brochu drops lawsuit against Focus Financial but $500,000 is still at issue

Rhode Island advisor backs off initial suit after getting most documents

Author Brooke Southall May 27, 2010 at 4:27 AM
Admin:
no description available
David Brochu says in an e-mailed letter: If Focus wants me to leave I will do so.

John Petty

John Petty

May 28, 2010 — 11:23 AM

Focus has a lot of headaches these days, wonder how they will bury the Geller Group debacle after the DOL is done with them.


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

Looking past Covid-19 pandemic, Louisiana RIA buys $1-million building after hitting $1 billion in AUM and hiring the town's mayor

Summit Financial Wealth Advisors was sold to Focus Financial in 2014, growing its assets by $400 million since then but keeping staffing about the same

December 17, 2020 at 3:02 AM


RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo