In new $150-million lawsuit, Mark Hurley alleges ex-boss's smears wrecked his valuation, his reputation and his chances of providing capital to RIAs ever again
The trump card for the maverick ex Fiduciary Network CEO was to open across the street with new backers, but the filing clams he may not have that play anymore
Author Brooke Southall December 12, 2018 at 9:36 PM
Courtland Kellerman
December 12, 2018 — 10:31 PM
Wow
This has rhymes and shades of other founder CEO replacement storylines
Hoping not to see this spiral and devolve into “Bill Gross / PIMCO”
P:-
Jeff Spears
December 12, 2018 — 10:41 PM
Hurley lives up to his reputation as the ONLY person who can fill every cell of a spreadsheet.
Related Moves
Karl Heckenberg files with SEC to raise a staggering $1 billion, (presumably) to buy, buy, buy RIA stakes in a 'crowded' market
The former CEO and president of Emigrant Partners has launched the Constellation Wealth Capital Fund with a ten-figure funding target.
August 18, 2023 at 3:56 AM
Emigrant Bank 'doubles down' to send Mark Hurley packing and fire up Fiduciary Network, its RIA deal machine
The billionaire-owned New York bank eschewed the quick buck of a top-of-market sale to bet Karl Heckenberg can make Fiduciary Network function even better as its new CEO
