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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.

Author Oisin Breen November 29, 2023 at 3:23 AM
no description available
Joe Duran: 'At Rise we are the growth capital partner.'
Brooke Southall and Keith Girard contributed to the editing of this article.

John Ria

John Ria

November 29, 2023 — 3:48 AM
Sounds like he is creating Focus Financial 2.0
brooke southall

brooke southall

November 29, 2023 — 3:56 AM
One difference from Focus is that it bought 50% vs. 30% with Rise, but maybe that means less than it appears. Focus also saw itself as 'permanent capital'.
Marcel Dawson

Marcel Dawson

November 29, 2023 — 10:30 AM
It's all coming together, bravo!
John Ria

John Ria

November 29, 2023 — 3:02 PM
Focus was permanent until they sold to CDR

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Mentioned in this article:

United Capital Financial Advisers
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Top Executive: Joe Duran

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