Updated Wednesday, September 24, 2014 as of 12:25 AM ET

Why Lightyear Founder OK'd Cetera Sale

Beginning several months ago, RCS Capital Chairman Nicholas Schorsch paid a string of visits to Donald Marron, the founder of private equity firm Lightyear Capital.

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Comments (1)
This deal has come as a surprise to many including the financial advisors at Ceterra. However the vision behind the deal if translated into reality can really add value to all the stakeholders. Quite a few people are waiting with bated breath to see how it pans out.
Posted by KIMMY B | Saturday, January 18 2014 at 12:20PM ET
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