{"id":20607,"date":"2023-08-22T19:50:44","date_gmt":"2023-08-22T19:50:44","guid":{"rendered":"https:\/\/www.thinkadvisor.com\/2023\/08\/22\/joe-duran-plots-return-to-ria-world\/"},"modified":"2023-08-22T19:50:44","modified_gmt":"2023-08-22T19:50:44","slug":"joe-duran-plots-a-return-to-ria-world","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2023\/08\/22\/joe-duran-plots-a-return-to-ria-world\/","title":{"rendered":"Joe Duran Plots a Return to RIA World"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/feeds.feedblitz.com\/-\/787895474\/0\/thinkadvisor\/\"><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2022\/08\/03_Duran_Joe_640x640.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2022\/08\/03_Duran_Joe_640x640.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p id=\"first-para\">Joe Duran is looking to make a return to the&nbsp;RIA sector in the near future, after stepping down <a href=\"https:\/\/www.thinkadvisor.com\/2023\/02\/06\/joe-duran-steps-down-as-goldman-partner-stays-as-ria-consultant\/\" target=\"_blank\" rel=\"noopener\">early this year<\/a> as a Goldman Sachs partner and co-head of its Personal Financial Management Group.<\/p>\n<p>But precisely what kind of RIA business Duran is looking to either buy or start remained unclear on Tuesday.<\/p>\n<p>Citing \u201csources with knowledge of the situation,\u201d <a href=\"https:\/\/citywire.com\/ria\/news\/ex-united-capital-ceo-joe-duran-pursuing-capital-raise-for-new-ria-investing-business-sources\/a2423941\" target=\"_blank\" rel=\"noopener\">Citywire reported Aug. 17<\/a> that Duran was raising capital for a new business&nbsp;that will look to take minority stakes in RIAs and investment banker Brad Siegert of Ardea Partners&nbsp;was assisting in the fundraising effort.<\/p>\n<p>Duran posted a link to the story on <a href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7098005370089984000\/\" target=\"_blank\" rel=\"noopener\">his LinkedIn account<\/a>, saying: \u201cI\u2019m not sure this is newsworthy, but hopefully one day it might be.\u201d<\/p>\n<p>A&nbsp;spokesman for Duran told ThinkAdvisor on Tuesday: \u201cJoe is considering his options.&nbsp;Nothing has been decided and until it has it is very premature to discuss hypotheticals.\u201d<\/p>\n<p>The spokesman added that Duran \u201chas no formal relationships with any PE firms or investment bankers at present.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Joe Duran is looking to make a return to the&nbsp;RIA sector in the near future, after stepping down early this year as a Goldman Sachs partner and co-head of its Personal Financial Management Group.&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":20608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2023\/08\/joe-duran-plots-a-return-to-ria-world.jpg","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20607"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20607"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/20608"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}