While the SPAC structure is appealing, RIA sellers often focus more on who the partner is going to be, what they bring to the table and who the peer group is. With a SPAC, a lot of those are unknown.
In recent years, investors have flocked to low- and no-fee investments and providers. But there may be a downside for investors who focus only on fees when making investment decisions.
Robinhood exposed Massachusetts investors to “unnecessary trading risks” by “falling far short of the fiduciary standard,” according to a complaint from the office of Secretary of the Commonwealth William Galvin.
Gero, a New York-based managing director in Royal Bank of Canada’s wealth management division, served for 54 years trading precious metals as a member of the New York Mercantile Exchange and Chicago Mercantile Exchange.
Listen to Jim Weil, Managing Partner at Private Vista, discuss the process they went through when they sought a capital partner and why they selected Hightower.
