It's a good sign for the business if they succeed. I just hope it's from a position of strength and not because they can't survive another cycle with private funding."
Matt Cooper, president, Beacon Pointe Advisors
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Summary: The 10-year-old RIA aggregator — one of the advisory industry's largest— has confidentially filed an IPO that could value the company for as much as $1 billion, The Wall Street Journal reported.
It's a good sign for the business if they succeed. I just hope it's from a position of strength and not because they can't survive another cycle with private funding."
Matt Cooper, president, Beacon Pointe Advisors
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