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The giant raise RIA folk got in 2014 and the threat it poses in 2015

The 20% jump means money in the pocket and a rather frightening overhead scenario

Author Sanders Wommack January 12, 2015 at 8:38 PM
Admin:
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Dan Inveen: The pay is probably out of whack with a similar job in another industry.

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Pershing restores Ben Harrison as sole heir to Mark Tibergien -- for now -- but solo tenure may be temporary, with other top talent in the wings

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January 19, 2023 at 3:31 AM

Behind the scenes, Ben Harrison's rise to replace Mark Tibergien at Pershing was more shock and awe than a symphonic succession

Harrison's appointment was baked in the cake -- or not -- and Tibergien departed with Swiss-watch precision in Moss Adams-style--or not.

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March 11, 2020 at 7:58 AM

What to make of Pershing CEO Lisa Dolly's surprise exit and the sped-up entry of 35-year Pershing veteran Jim Crowley

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May 9, 2019 at 2:18 AM

See more related moves

Mentioned in this article:

Pershing Advisor Solutions
Asset Custodian
Top Executive: Mark Tibergien




Robert Boslego

Robert Boslego

January 12, 2015 — 10:50 PM

“Cruz, meanwhile, expects advisor pay to largely track the fortunes of the stock market.”
They don’t have to if the firm hedges its AUM income.(See: http://www.riabiz.com/a/5629141374205952/why-rias-should-hedge-their-fee-income-to-stay-aligned-client-interests)

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