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Merrill Accuses Dynasty of Reneging on Arbitrating $129B OpenArc Dispute
Yahoo Finance· 2026-02-17 21:26
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Merrill Lynch claims that Dynasty Financial Partners is walking back its pledge to arbitrate disputes involving OpenArc Corporate Advisory, a $129 billion Dynasty-backed breakaway RIA. The wirehouse originally filed its suit against OpenArc, Dynasty and custodian Charles Schwab in September, alleging that the parties orchestrated a premeditated “corporate raid” to launch the firm, while the defend ...