Sam Bojarski

2 days ago | citywire.com | Sam Bojarski |Alec Rich |Andrew Foerch

T. Rowe Price and a consortium of fellow investors made a minority common equity investment to the tune of $1.6bn in global insurance brokerage Hub International Limited (HUB) on Monday. The deal values HUB at $29bn, which the company said is the largest enterprise value to date for a private insurance broker. Along with T. Rowe, investment company Alpha Wave Global and Singaporean state-owned investment firm Temasek participated in the capital raise, as did a slew of new and existing investors.

5 days ago | citywire.com | Alex Steger |Ian Wenik |Sam Bojarski |Alan Walsh

Alex Steger, Ian Wenik and Sam Bojarski break down Sam’s feature on how a new proposal from Finra governing advisors’ outside business has some up in arms, discuss Ian’s latest scoop on LPL’s battle to retain Commonwealth advisors and look at the current balance of power among custodians. Already have an account? Do you personally advise on or manage investments for clients?

5 days ago | citywire.com | Sam Bojarski

A team of advisors managing about $2bn in client assets has left UBS to join the Sanctuary Wealth platform. The hybrid RIA said on Friday that the team, which operates under the name 1280 Financial Partners, is joining its strategic capital partnership program, through which Sanctuary makes minority investments in partner firms. The team has a presence in Fort Myers, Fla., Miami, Augusta, S.C. and Sandusky, Ohio.

6 days ago | citywire.com | Sam Bojarski |Tania Mitra |Alec Rich |Ian Wenik

As the markets dance around a potential recession and rapidly shifting developments from Washington, Brad Honer, director of investment services and product at American Bank, is playing defense. Honer (pictured) is a one-man-army overseeing $600m in assets. While he does have an approved securities list, investments from advisors are largely made via the 10 high-level models he curates.

6 days ago | citywire.com | Sam Bojarski

A group of four advisors which left Chicago-area RIA giant Choreo in February has appealed a court order that bars it from serving clients, after Choreo initially sued over claims of employment-agreement violations. That suit was initially filed in the US District Court for the Southern District of Iowa, which issued a preliminary order restraining the advisors from soliciting or servicing what Choreo’s lawyers have referred to as ‘restricted clients’ in federal court filings.