|Last Price$2.04||Day Change (%)82.06%|
|Open Price$2.04||Day Change ($)0.92|
|Day Range2.04–2.04||52-Week Range1.12–3.45|
As of Mon 2/23/2015 3:24:00 PM | USD
Firm now focused on hiring advisers from larger companies, even wirehouses, as it shifts away from acquisitions.
UPDATE: I (secretly) charge an hourly rate for caring for my mom
Texas-based Ellis & Ellis formerly was affiliated with Ameriprise Financial.
A new entrant in the U.S., this U.K.-based firm has a long history of keenly investing in emerging markets.
To continue its expansion in Atlanta, United Capital announced Monday it bought the majority of the assets of Atlanta-based PPA Advisors.
The acquisition comes just nine days after United Capital acquired an Atlanta wealth manager and is the latest example of the firm's aggressive, Starbucks-inspired expansion strategy.
United Capital's acquisition of Virginia-based c5 follows on the heels of its July 1 announcement that it has acquired Georgia-based PPA Advisors.
United Capital's CEO on how to remove old biases, tear down the walls and reject old habits.
In other M&A news, Envestnet completed its acquisition of Prudential WMS, and Madison Dearborn Partners completed its NFP deal.
"What we ... know is that there are a lot of advisors who think their entire value is wrapped around they're delivering advice to clients and telling them how it's going to work out,," Joe Duran, the CEO of United Capital said. "But the reality is that we don't believe that's the future."