Father-Son Team Ventures into the RIA Sector with $750M Business Launch
Tuesday, 5 March 2024, 21:38
Highlights
Lance and Gideon Drucker have left their established IBD to create a $750M RIA, facilitating their venture with services from Fidelity, Altruist, and PKS.
Key Points
- Transition: Departure from IBD to launch a brand-new RIA.
- Strategic Partnerships: Utilizing custody and brokerage services from renowned firms.
- Future Prospects: Positioned for success in the evolving RIA market.
This maneuver marks an important milestone in the financial world, signifying a shift towards independence and growth for the Drucker team.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.