Listed dealer group acquires three advice businesses
Listed dealer group acquires three advice businesses Listed dealer group acquires three advice businesses The listed advice group has purchased a number of retiring advisers' client books in a $1 million transaction. A A In a statement, Sequoia Financial Group said its advice licensee InterPrac had purchased First Option Financial Management, Marshall & Company and Barry Moser Nominees. The group said the purchases were expected to add approximately $450,000 of annual recurring fee for service income and $300,000 of annual EBITDA, with "a mix of client demographics" included in the businesses...