Since taking over as CEO following co-founder Jud Bergman’s death in 2019, Crager and the company have weathered several storms.
A 10-person team has left Securities America to harness technology, compliance and administrative support offered on the $2 billion RIA platform.
Managing Partner Leah Sciabarrasi will take on additional responsibilities in support of continued growth and increasing complexity at the $5.3 billion Focus Financial Partners firm.
Board chairman James Fox will serve as interim CEO until a successor is found.
The founder of Appaloosa Management has struggled running the Carolina Panthers even as bets on tech stocks boost his personal fortune.
This week, the RIA industry saw at least 11 deals, some key people moves and one rebrand.
Twenty percent of advisors are “struggling,” particularly minorities and younger industry participants, according to new Kitces research.
