Mubadala Capital, which manages $27 billion in assets, will take a 42% stake in Silver Rock Financial, which manages $10 billion in assets.
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The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.
The popular author and financial advisor weighs in on major market trends of last year, and takes a (speculative) peek ahead.
Many advisors simply don’t have the expertise needed to prepare a firm for the next generation of leadership.
Alico, a major supplier to Tropicana, announced Monday that it is sunsetting its citrus business in the Sunshine State.