As DOL investigation continues, Geller Group says it is executing the final stage of a four-year succession plan
Sheldon Geller and Manny Ehrlich have been grooming Alan Pfeffer to take over the 401(k) company since selling a big stake to Focus Financial in 2006, according to the firm's new leader.
John Petty
When Focus bought Geller Group in January 2006, Alan Pfeffer wasn’t working at Geller Group and Alan wasn’t even their top salesman until the death of Richard Laurita in 2007.
Pfeffer is a salesman and was only chief compliance officer because he was complying with the multiple SEC and DOL investigations.
By the way, 7 months later, there is still no explanation why Caesar & Associates auditors were on Geller Group payroll and why Manny Erlich and Sheldon Geller were the trustees of the Caesar & Associates 401(k) Plan. It’s hard to debate the truth.
Frank Nobel
To the petty one,
A hypocrite is in himself both the archer and the mark, in all actions shooting at his own praise or profit.
I am in no mood to be deceived any longer by the crafty devil and false character whose greatest pleasure is to take advantage of everyone. YOU!
Jeff Jett
Hey Frank:
How are those incentive units treating you?
Guess when you can’t debate facts, you have to lift lines from semi-famous dead people. Whatever gets you through the day,
Related Moves
With RIA valuations ticking down and successions ticking up, Focus Financial deep sixes 'drunken sailor' pause, forgoes buyback plan and adds a CEO
CEO Rudy Adolf sees a 'softening' in multiples after a couple of frothy years when CI Financial dominated headlines and big RIA deals
August 13, 2022 at 12:39 AM
Focus Financial Partners, LLC
Consolidator/Roll-up Firm
Top Executive: Rudy Adolf
