RCS Capital continues to expand its reach into financial services, hiring Todd Snyder and John Kearney, widely considered the top due-diligence analysts for alternative investments and nontraded REITs.
RCS Capital Corporation Receives B2 rating from Moody's, B+ from S&P
Summit Financial Services Group Announces Corrected 2013 Year End Results
In a highly anticipated move, RCS Capital Corp. said that it intends to create a retention package for the 9,000 registered representatives and investment advisers that it has acquired since the company had its initial public offering last June.
Nick Schorsch's RCS Capital is building the second-largest independent broker-dealer network — 9,000 registered reps and financial advisers — through several acquisitions it announced last year.
Nicholas Schorsch, picking up Cetera Financial for $1.15 billion, likens his RCS Capital to two of the biggest names in the retail-securities industry and dismisses the notion he overpaid. See also: Marron scores big on Cetera deal .
As it pursues a series of broker-dealer acquisitions, RCS Capital Corp. has signed on with smart-data technology startup Vestorly in a digital-marketing deal designed to connect brokers with client prospects.
Mavenir Systems Reports 2013 Fourth Quarter and Full Year Financial Results
Service Continuity and Guaranteed QoS are Top Requirements in LTE Roaming Mix According to New Survey of Mobile Operators
In the wake of back-to-back deals, the industry is curious about what the REIT czar will buy next.