RCS Capital Corp (RCAP) 0.0129 $RCAP
Docupace Closes on Management Buyback Transaction
BusinessWire - Wed May 11, 8:00AM CDT
Docupace Technologies LLC, a premier digital compliance and cyber security company in the financial services industry, completed its planned repurchase of the majority interest in the company previously held by RCS Capital Corporation (NYSE: RCAP). On April 20th, Docupace announced an agreement with RCAP to repurchase their interest with plans to continue the company's growth trajectory as a privately owned corporation.
Docupace Announces Independence from RCS Capital (RCAP)
BusinessWire - Wed Apr 20, 8:42AM CDT
Docupace Technologies LLC, financial services' premier digital compliance and cyber security company, announced today that it will pursue growth independently of investment from RCS Capital Corporation (NYSE: RCAP). Docupace has reached an agreement with RCAP to repurchase their majority share stake and continue its growth trajectory as a privately owned corporation.
Looking Into the Price Movements - Consensus Reports on Hemp, RCS Capital, Agora Holdings and Dyadic International
ACCESSWIRE - Mon Feb 01, 8:15AM CST
NEW YORK, NY / ACCESSWIRE / February 1, 2016 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Hemp Inc. (OTC: HEMP), RCS Capital Corp. (OTC: RCAP), Agora Holdings Inc. (OTC: AGHI) and Dyadic International Inc. (OTC: DYAI). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
SC Distributors Confirms Independence from RCS Capital
BusinessWire - Mon Feb 01, 6:30AM CST
SC Distributors, LLC ("SCD"
, a provider of alternative investment solutions for financial advisors and their clients, together with Strategic Capital Advisory Services, LLC ("SCAS", and collectively with SCD, "SC", a provider of advisory and operational services to alternative investment vehicles, announced today that it has closed its previously announced transaction to repurchase SC from RCS Capital Corporation.
How it All Plays Out - Analyst Review on CD International Enterprises, RCS Capital, Bombardier and Force Protection Video Equipment
ACCESSWIRE - Thu Jan 21, 8:26AM CST
NEW YORK, NY / ACCESSWIRE / January 21, 2016 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: CD International Enterprises Inc. (OTC: CDII), RCS Capital Corp. (OTC: RCAP), Bombardier Inc. (OTC: BDRBF) and Force Protection Video Equipment Corp. (OTC: FPVD). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
Wealth Management Platform Provider FolioDynamix Appoints Steve Dunlap as President and Chief Operating Officer
GlobeNewswire - Tue Jan 19, 8:00AM CST
FolioDynamix, a leading provider of wealth management technology and advisory services, today announced the appointment of industry veteran Steve Dunlap as president and chief operating officer. With significant tenure in the wealth management and financial technology space and more than 25 years of strategy, leadership and operations experience, Steve will be a valuable asset to help FolioDynamix continue its current growth trajectory, deliver ongoing product innovation and support the large-scale operational needs of its enterprise wealth management clients. In addition to serving as president and COO, Steve will also join the company's board of directors.
EBIX: 47.35 (-1.55), ACTA: 9.53 (-0.64)
Where We Are Headed - Comprehensive Research on Medical Marijuana, RCS Capital, Aytu BioScience, and Scor
ACCESSWIRE - Thu Jan 14, 7:40AM CST
NEW YORK, NY / ACCESSWIRE / January 14, 2016 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Medical Marijuana Inc. (OTC: MJNA), RCS Capital Corp (OTC: RCAP), Aytu BioScience Inc. (OTC: AYTU) and Scor SE (OTC: SCRYY). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
RCS Capital Corporation Announces Agreement in Principle with Majority of First- and Second-Lien Lenders to Establish Cetera Financial Group as Wholly-Owned by Restructured Privately-Held Company and Obtain a $150,000,000 New Investment
PR Newswire - Mon Jan 04, 3:37PM CST
RCS Capital Corporation ("RCS Capital" or the "Company" (NYSE: RCAP) today announced that it has reached an agreement in principle with certain of its key stakeholders for a new investment of $150 million and the restructuring of its debt and capital structure. This agreement, which is supported by a steering committee of first- and second-lien lenders representing a majority of the principal amount outstanding, will allow the Company to restructure its debt and balance sheet and to focus on its retail advice division, Cetera Financial Group ("Cetera", one of the nation's leading networks of independent broker-dealer firms. The Company expects the restructuring to position Cetera for long-term profitable growth under its existing senior management team, which will continue to be led by R. Lawrence "Larry" Roth as Chief Executive Officer of Cetera.
SK Research Establishes Independence from RCS Capital
PR Newswire - Fri Dec 18, 1:30PM CST
Todd Snyder and John Kearney, Co-Presidents of SK Research, LLC ("SK", announced today that they have signed a letter of intent to purchase the assets of SK, a provider of alternative investment due diligence and research solutions, from RCS Capital Corporation ("RCAP" and establish the newly formed company as an independent alternative investment due diligence and research firm.
RCS Capital repositions to focus on Cetera Financial
M2 - Tue Dec 08, 5:40AM CST
RCS Capital Corporation (NYSE: RCAP) said it has taken a series of actions designed to further accelerate its strategic repositioning to focus on the independent retail advice business, Cetera Financial Group (CFG), rationalize its capital structure, increase financial flexibility and position the company for long-term growth. As part of its previously stated plan to transition RCS Capital to a retail-focused entity, the company's board of directors has authorized plans to wind down the operations of Realty Capital Securities wholesale distribution business. The process, is expected to be completed by the end of the first quarter 2016. The company also announced it has reached an agreement to settle with the Massachusetts Secretary of the Commonwealth, Securities Division regarding the division's complaint against Realty Capital Securities, LLC alleging that RCS violated the Massachusetts Uniform Securities Act and the regulations thereunder in connection with shareholder proxy solicitation process in the Commonwealth of Massachusetts. Under the agreement, RCS will pay a fine. Furthermore, RCS has decided to voluntarily withdraw its broker-dealer license in Massachusetts and all other state and federal jurisdictions. RCS Capital Corporation is a full-service investment firm expressly focused on the individual retail investor. With operating subsidiaries primarily focused on retail advice, and the divestiture of its wholesale distribution and investment banking, RCS Capital's business is designed to capitalize, support, grow and maximize value for the investment programs it distributes and the independent advisors and clients it serves.
RCS Capital appoints new general counsel
M2 - Fri Dec 04, 7:04AM CST
RCS Capital Corporation (NYSE: RCAP) said it has appointed Mason L. Allen as the company's general counsel, to succeed James A. Tanaka, who previously held the position. Allen previously served as the company's assistant general counsel. Prior to joining RCS Capital in 2013, he was a practicing capital markets and finance attorney with the law firm of Proskauer Rose LLP. RCS Capital Corporation is a full-service investment firm with operating subsidiaries including retail advice services, investment banking, capital markets, investment research, and, until the completion of recently announced pending sales, wholesale distribution and investment management.
Validus Group Agrees to Buy Back Broker-Dealer Affiliate
PRWeb - Thu Dec 03, 1:35PM CST
Validus Group Partners, Ltd., a Tampa-based investment firm, announced today that it has signed a letter of intent to repurchase Validus Strategic Capital Partners (VSCP), now known as Strategic Capital Management Holdings, LLC, from RCS Capital Corporation (NYSE: RCAP). The purchase price announced today is $5 million.
RCS Capital Corporation Provides Business Update
PR Newswire - Wed Dec 02, 8:00AM CST
RCS Capital Corporation ("RCS Capital" or the "Company" (NYSE: RCAP) today announced a series of actions designed to further accelerate its strategic repositioning to focus on the independent retail advice business, Cetera Financial Group ("CFG", rationalize its capital structure, increase financial flexibility and position the Company for long-term growth.
SC Distributors Establishes Independence from RCS Capital
BusinessWire - Wed Dec 02, 6:30AM CST
SC Distributors, LLC ("SCD", a provider of alternative investment solutions for financial advisors and their clients, together with Strategic Capital Advisory Services, LLC ("SCAS", and collectively with SCD, "SC", a provider of advisory and operational services to non-exchange traded alternative investment vehicles, announced today that it has signed a letter of intent to repurchase SC from RCS Capital Corporation ("RCAP" and re-establish the company as an independent alternative investment distribution platform.
RCS Capital Corporation Announces Appointment of New General Counsel
PR Newswire - Mon Nov 30, 5:00AM CST
RCS Capital Corporation ("RCS Capital" or the "Company" (NYSE: RCAP) announced today the appointment of Mason L. Allen as the Company's General Counsel, effective immediately. Mr. Allen succeeds James A. Tanaka, who previously held the position.
EF Hutton - Recent Stock Volatility; No Comment on AIG, Cetera News
PR Newswire - Thu Nov 19, 8:45AM CST
EF Hutton America ("EF Hutton" (Symbol: HUTN) is aware of recent stock volatility. Within the last sixty days, HUTN has traded in a wide range between $0.40 to $3.00. EF Hutton is not aware of any specific news that would cause such volatility. Furthermore, we have no comment on media reports that two financial firms, AIG and RCS Capital, are seeking to sell their securities and investment businesses. Although EF Hutton previously disclosed in public filings that we are seeking acquisitions and strategic partners, EF Hutton's corporate policy prohibits identifying specific acquisition candidates or commenting on any specific candidates, the state of any strategic discussions or on market rumors.
RCS Capital Corporation Announces Third Quarter 2015 Operating Results From Continuing Operations
PR Newswire - Mon Nov 16, 7:34PM CST
RCS Capital Corporation ("RCS Capital" or the "Company" (NYSE: RCAP) announced today operating results for the three and nine months ended September 30, 2015. Operating highlights are provided below. All per share results are expressed on a fully diluted basis.
RCS Capital Corporation Issues Statement
PR Newswire - Thu Nov 12, 3:07PM CST
RCS Capital Corporation ("RCS Capital" or the "Company" (NYSE: RCAP) today issued the following statement:
RCS Capital Corporation Receives a Continued Listing Standard Letter from the NYSE
PR Newswire - Thu Nov 12, 5:00AM CST
RCS Capital Corporation ("RCS Capital" or the "Company" (NYSE: RCAP) announced today that it has been notified by the New York Stock Exchange ("NYSE" on November 10, 2015 that its Class A common stock did not satisfy one of the NYSE standards for continued listing. The NYSE requires that the average closing price per share of a listed company be in excess of $1.00 for a consecutive 30-trading-day period. On November 6, 2015, the average closing price per share of the Company's Class A common stock during the preceding 30-trading-day period was below the $1.00 requirement.
Apollo (APO) Amends RCS Capital Deal, Ends AR Capital Deal
Zacks Equity Research - Zacks Investment Research - Wed Nov 11, 3:35PM CST
Apollo Global Management, LLC (APO) along with RCS Capital Corporation (RCAP) has amended the previously planned sale of the RCS Capital wholesale distribution business.
APO: 16.10 (-0.14)
Docupace Closes on Management Buyback Transaction
BusinessWire - Wed May 11, 8:00AM CDT
Docupace Technologies LLC, a premier digital compliance and cyber security company in the financial services industry, completed its planned repurchase of the majority interest in the company previously held by RCS Capital Corporation (NYSE: RCAP). On April 20th, Docupace announced an agreement with RCAP to repurchase their interest with plans to continue the company's growth trajectory as a privately owned corporation.
Docupace Announces Independence from RCS Capital (RCAP)
BusinessWire - Wed Apr 20, 8:42AM CDT
Docupace Technologies LLC, financial services' premier digital compliance and cyber security company, announced today that it will pursue growth independently of investment from RCS Capital Corporation (NYSE: RCAP). Docupace has reached an agreement with RCAP to repurchase their majority share stake and continue its growth trajectory as a privately owned corporation.
Looking Into the Price Movements - Consensus Reports on Hemp, RCS Capital, Agora Holdings and Dyadic International
ACCESSWIRE - Mon Feb 01, 8:15AM CST
NEW YORK, NY / ACCESSWIRE / February 1, 2016 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Hemp Inc. (OTC: HEMP), RCS Capital Corp. (OTC: RCAP), Agora Holdings Inc. (OTC: AGHI) and Dyadic International Inc. (OTC: DYAI). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
SC Distributors Confirms Independence from RCS Capital
BusinessWire - Mon Feb 01, 6:30AM CST
SC Distributors, LLC ("SCD"
, a provider of alternative investment solutions for financial advisors and their clients, together with Strategic Capital Advisory Services, LLC ("SCAS", and collectively with SCD, "SC", a provider of advisory and operational services to alternative investment vehicles, announced today that it has closed its previously announced transaction to repurchase SC from RCS Capital Corporation. How it All Plays Out - Analyst Review on CD International Enterprises, RCS Capital, Bombardier and Force Protection Video Equipment
ACCESSWIRE - Thu Jan 21, 8:26AM CST
NEW YORK, NY / ACCESSWIRE / January 21, 2016 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: CD International Enterprises Inc. (OTC: CDII), RCS Capital Corp. (OTC: RCAP), Bombardier Inc. (OTC: BDRBF) and Force Protection Video Equipment Corp. (OTC: FPVD). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
Wealth Management Platform Provider FolioDynamix Appoints Steve Dunlap as President and Chief Operating Officer
GlobeNewswire - Tue Jan 19, 8:00AM CST
FolioDynamix, a leading provider of wealth management technology and advisory services, today announced the appointment of industry veteran Steve Dunlap as president and chief operating officer. With significant tenure in the wealth management and financial technology space and more than 25 years of strategy, leadership and operations experience, Steve will be a valuable asset to help FolioDynamix continue its current growth trajectory, deliver ongoing product innovation and support the large-scale operational needs of its enterprise wealth management clients. In addition to serving as president and COO, Steve will also join the company's board of directors.
EBIX: 47.35 (-1.55), ACTA: 9.53 (-0.64)
Where We Are Headed - Comprehensive Research on Medical Marijuana, RCS Capital, Aytu BioScience, and Scor
ACCESSWIRE - Thu Jan 14, 7:40AM CST
NEW YORK, NY / ACCESSWIRE / January 14, 2016 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Medical Marijuana Inc. (OTC: MJNA), RCS Capital Corp (OTC: RCAP), Aytu BioScience Inc. (OTC: AYTU) and Scor SE (OTC: SCRYY). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
RCS Capital Corporation Announces Agreement in Principle with Majority of First- and Second-Lien Lenders to Establish Cetera Financial Group as Wholly-Owned by Restructured Privately-Held Company and Obtain a $150,000,000 New Investment
PR Newswire - Mon Jan 04, 3:37PM CST
RCS Capital Corporation ("RCS Capital" or the "Company"
(NYSE: RCAP) today announced that it has reached an agreement in principle with certain of its key stakeholders for a new investment of $150 million and the restructuring of its debt and capital structure. This agreement, which is supported by a steering committee of first- and second-lien lenders representing a majority of the principal amount outstanding, will allow the Company to restructure its debt and balance sheet and to focus on its retail advice division, Cetera Financial Group ("Cetera", one of the nation's leading networks of independent broker-dealer firms. The Company expects the restructuring to position Cetera for long-term profitable growth under its existing senior management team, which will continue to be led by R. Lawrence "Larry" Roth as Chief Executive Officer of Cetera. SK Research Establishes Independence from RCS Capital
PR Newswire - Fri Dec 18, 1:30PM CST
Todd Snyder and John Kearney, Co-Presidents of SK Research, LLC ("SK"
, announced today that they have signed a letter of intent to purchase the assets of SK, a provider of alternative investment due diligence and research solutions, from RCS Capital Corporation ("RCAP" and establish the newly formed company as an independent alternative investment due diligence and research firm. RCS Capital repositions to focus on Cetera Financial
M2 - Tue Dec 08, 5:40AM CST
RCS Capital Corporation (NYSE: RCAP) said it has taken a series of actions designed to further accelerate its strategic repositioning to focus on the independent retail advice business, Cetera Financial Group (CFG), rationalize its capital structure, increase financial flexibility and position the company for long-term growth. As part of its previously stated plan to transition RCS Capital to a retail-focused entity, the company's board of directors has authorized plans to wind down the operations of Realty Capital Securities wholesale distribution business. The process, is expected to be completed by the end of the first quarter 2016. The company also announced it has reached an agreement to settle with the Massachusetts Secretary of the Commonwealth, Securities Division regarding the division's complaint against Realty Capital Securities, LLC alleging that RCS violated the Massachusetts Uniform Securities Act and the regulations thereunder in connection with shareholder proxy solicitation process in the Commonwealth of Massachusetts. Under the agreement, RCS will pay a fine. Furthermore, RCS has decided to voluntarily withdraw its broker-dealer license in Massachusetts and all other state and federal jurisdictions. RCS Capital Corporation is a full-service investment firm expressly focused on the individual retail investor. With operating subsidiaries primarily focused on retail advice, and the divestiture of its wholesale distribution and investment banking, RCS Capital's business is designed to capitalize, support, grow and maximize value for the investment programs it distributes and the independent advisors and clients it serves.
RCS Capital appoints new general counsel
M2 - Fri Dec 04, 7:04AM CST
RCS Capital Corporation (NYSE: RCAP) said it has appointed Mason L. Allen as the company's general counsel, to succeed James A. Tanaka, who previously held the position. Allen previously served as the company's assistant general counsel. Prior to joining RCS Capital in 2013, he was a practicing capital markets and finance attorney with the law firm of Proskauer Rose LLP. RCS Capital Corporation is a full-service investment firm with operating subsidiaries including retail advice services, investment banking, capital markets, investment research, and, until the completion of recently announced pending sales, wholesale distribution and investment management.
Validus Group Agrees to Buy Back Broker-Dealer Affiliate
PRWeb - Thu Dec 03, 1:35PM CST
Validus Group Partners, Ltd., a Tampa-based investment firm, announced today that it has signed a letter of intent to repurchase Validus Strategic Capital Partners (VSCP), now known as Strategic Capital Management Holdings, LLC, from RCS Capital Corporation (NYSE: RCAP). The purchase price announced today is $5 million.
RCS Capital Corporation Provides Business Update
PR Newswire - Wed Dec 02, 8:00AM CST
RCS Capital Corporation ("RCS Capital" or the "Company"
(NYSE: RCAP) today announced a series of actions designed to further accelerate its strategic repositioning to focus on the independent retail advice business, Cetera Financial Group ("CFG", rationalize its capital structure, increase financial flexibility and position the Company for long-term growth. SC Distributors Establishes Independence from RCS Capital
BusinessWire - Wed Dec 02, 6:30AM CST
SC Distributors, LLC ("SCD"
, a provider of alternative investment solutions for financial advisors and their clients, together with Strategic Capital Advisory Services, LLC ("SCAS", and collectively with SCD, "SC", a provider of advisory and operational services to non-exchange traded alternative investment vehicles, announced today that it has signed a letter of intent to repurchase SC from RCS Capital Corporation ("RCAP" and re-establish the company as an independent alternative investment distribution platform. RCS Capital Corporation Announces Appointment of New General Counsel
PR Newswire - Mon Nov 30, 5:00AM CST
RCS Capital Corporation ("RCS Capital" or the "Company"
(NYSE: RCAP) announced today the appointment of Mason L. Allen as the Company's General Counsel, effective immediately. Mr. Allen succeeds James A. Tanaka, who previously held the position. EF Hutton - Recent Stock Volatility; No Comment on AIG, Cetera News
PR Newswire - Thu Nov 19, 8:45AM CST
EF Hutton America ("EF Hutton"
(Symbol: HUTN) is aware of recent stock volatility. Within the last sixty days, HUTN has traded in a wide range between $0.40 to $3.00. EF Hutton is not aware of any specific news that would cause such volatility. Furthermore, we have no comment on media reports that two financial firms, AIG and RCS Capital, are seeking to sell their securities and investment businesses. Although EF Hutton previously disclosed in public filings that we are seeking acquisitions and strategic partners, EF Hutton's corporate policy prohibits identifying specific acquisition candidates or commenting on any specific candidates, the state of any strategic discussions or on market rumors. RCS Capital Corporation Announces Third Quarter 2015 Operating Results From Continuing Operations
PR Newswire - Mon Nov 16, 7:34PM CST
RCS Capital Corporation ("RCS Capital" or the "Company"
(NYSE: RCAP) announced today operating results for the three and nine months ended September 30, 2015. Operating highlights are provided below. All per share results are expressed on a fully diluted basis. RCS Capital Corporation Issues Statement
PR Newswire - Thu Nov 12, 3:07PM CST
RCS Capital Corporation ("RCS Capital" or the "Company"
(NYSE: RCAP) today issued the following statement: RCS Capital Corporation Receives a Continued Listing Standard Letter from the NYSE
PR Newswire - Thu Nov 12, 5:00AM CST
RCS Capital Corporation ("RCS Capital" or the "Company"
(NYSE: RCAP) announced today that it has been notified by the New York Stock Exchange ("NYSE" on November 10, 2015 that its Class A common stock did not satisfy one of the NYSE standards for continued listing. The NYSE requires that the average closing price per share of a listed company be in excess of $1.00 for a consecutive 30-trading-day period. On November 6, 2015, the average closing price per share of the Company's Class A common stock during the preceding 30-trading-day period was below the $1.00 requirement. Apollo (APO) Amends RCS Capital Deal, Ends AR Capital Deal
Zacks Equity Research - Zacks Investment Research - Wed Nov 11, 3:35PM CST
Apollo Global Management, LLC (APO) along with RCS Capital Corporation (RCAP) has amended the previously planned sale of the RCS Capital wholesale distribution business.
APO: 16.10 (-0.14)
