Howard Milstein scrubs Mark Hurley’s stringent contracts with 22 RIAs then buys $1.5-billion semi-RIA through satellite entity with a looser mandate
Louis Diamond Quoted – By Lisa Shidler, RIABiz – Howard Milstein is finally showing his strategy to out-Hurley Mark Hurley at the helm of the company Hurley led for 17 years. He’s being friendlier to both new deal targets and existing RIAs alike in an effort to eliminate “some of the friction” caused by Hurley’s stringent deal terms.
