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Three months after Larry Roth's SPAC steps in, Derek Bruton steps down as Kingswood US CEO and eyes next move in July with no Kingswood successor in sight

The former LPLer's three-year stint began with Chalice in San Diego and ended with lead role in a British roll-up later swallowed by an investment firm headed by former Cetera CEO Roth.

Author Oisin Breen March 30, 2021 at 8:00 PM
Admin:
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Derek Bruton: Having achieved my top priorities ... the time is right for me to step back to pursue other professional endeavors.

Jeff Spears

Jeff Spears

March 30, 2021 — 10:18 PM
We need to identify new senior management talent. Unfortunately we utilize our old playbook and Rolodex I guilty of this too and hope to create a new approach.

Related Moves

Derek Bruton rides again as CEO of Chalice Wealth Partners IBD and RIA, after Kingswood acquisition splits units from the services outsourcer

The dynamic duo of Keith Gregg and Derek Bruton has split into solo acts -- with Bruton joining British roll-up arrivistes, Kingswood. But there's no hard feelings, say the pair.

January 21, 2020 at 7:52 PM

As RIA M&A continues to go ballistic, Gladstone Group makes consultant out of Derek Bruton -- with an 'enterprise' wrinkle

The Plymouth Meeting, Pa., deal shop has fintech and asset managers reaching out for RIA advice, in addition to scores of RIAs trying to decide whether to pull the trigger.

January 6, 2022 at 6:21 PM


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