Deal-making momentum is AWOL 'for reasons unknown,' but HighTower Advisors wins an outsource deal with a fresh $500 million Morgan Stanley breakaway
This deal looks pretty normal, but the Alabama sign-on looks like a pioneer in this eerily quiet market
Jeff Spears
It’s always darkest before the dawn. I’m encouraged by a challenging environment. If it was easy then everybody would do it (a few years ago it seemed like everybody WAS doing it). HighTower should be commended for pivoting and adding the two new models even if they look allot like Dynasty and Sanctuary(my firm). Apple wasn’t the first firm to produce an MP3 player.
Brooke Southall
This is a great thought, Jeff, appealing to everyone’s inner contrarian. I hope it is like starting
a business at the bottom of the cycle or taking over a football team with an 0-12 record — creating the mettle that leads to better things.
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Aite Group
Consulting Firm
Top Executive: Frank Rizza
