The privately held firm recruited more than 160 reps in the first quarter on the strength of its balance sheet, CEO Amy Webber says.
Ratings agencies predict major losses for all of the largest BDs, prompting firms to reassess strategies in uncertain times.
Moody’s lowered the giant IBD network’s credit rating with sobering words that could resonate across wealth management.
Moody’s affirmed the company’s “B3” rating but signalled the potential wide-reaching impact of the pandemic across wealth management.
Dealmakers from Alvarez & Marsal, Harris Williams, Huntington, KeyBanc, Lincoln, Piper Jaffray, Stifel and Willliam Blair weigh in on today's M&A climate, reporting a sense of urgency to close deals now, while the economy is stable, and advising clients to prepare for a downturn likely in 2020.