It’s hard to think of an executive in the advisory business whose influence has become more prominent over the past year than Nicholas Schorsch, executive chairman of RCS Capital, who is also a leader in the nontraded REIT industry. 

Schorsch has snapped up jumbo independent B-D network Cetera Financial Group for $1.15 billion, as well as J.P. Turner, First Allied Holdings, Investors Capital Holdings and Summit Financial Services Group. Schorsch sat down with Financial Planning editors at his Park Avenue office in midtown Manhattan to discuss the advisory business in general and RCS Capital’s plans specifically.

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