RF Capital Group 5 Year Rate Reset Cumulative Pref Shs Series B T.RCG.PR.B

Alternate Symbol(s): GMPFF

Financial Services Asset Management

RF Capital Group Inc. is a Canada-based wealth management-focused company. The Company operates through two business segments: Wealth Management and Corporate. It provides a suite of wealth management services including investment, financial planning, insurance, and tax and estate planning services. The Company operates under the Richardson Wealth brand. The Company is focused on providing strategic wealth advice and investment solutions customized for high net worth or ultra-high net worth families and entrepreneurs. The Company operates approximately 22 offices across Canada. The Company's wholly owned subsidiary is Richardson Wealth Limited (Richardson Wealth).

TSX:RCG.PR.B - Post by User

RF Capital Group 5 Year Rate Reset Cumulative Pref Shs Series B > Contra the Heard article - Globe and Mail

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Comment by argon12on May 15, 2022 4:05pm

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Post# 34685067

RE:Contra the Heard article - Globe and Mail

The CEO is completely overpaid. Why would he want a takeover while he is banking millions?
Why is the Board of Directors so large for such a small
meaningless company?
As advisors continue to leave, the value of the franchise gets smaller.
I believe that two of their capital markets team has left and that their advisors will start to get picked off one by one.
If they have any free cash flow they should be buying back shares.
Lower the salaries and corporate head count is the easiest way to achieve earnings.
Richarson name used to mean something in the financial service area.

Now it's the joke on the street IMO.

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