There aren't a lot of $50 million clients out there, so when one comes around, there's going to be competition to win his business. One such situation arose a couple years ago, after Morgan Stanley and Dean Witter merged but while the two were...
Andrew Duff, CEO of Piper Jaffray in Minneapolis, likes to tell a little story to his troops about why Piper's 1998 marriage to neighboring U.S. Bancorp ended up an amicable divorce in 2003. An affluent Piper client was seated in a conference room...
Last May, Paul Sikorski earned his degree from the School of Intestinal Fortitude when he and his two partners opened their own broker/dealer for business. The road to graduation was an arduous one, comprising a year of document gathering and...
Attention shoppers: Those of you looking to purchase a financial advisory practice should be prepared for an arduous search. For every practice sporting a For Sale sign, there are 30 or 40 potential buyers out there, according to FP Transitions, a...