Smaller is better says buyer of Bouris' $200m super fund
Aleks VickovichWealth editor
The coronavirus-sparked liquidity threat to the superannuation system shows some players are just too big, says the chief executive of ASX-listed Sequoia Group as he takes control of Yellow Brick Road's retail fund and financial adviser workforce.
Yellow Brick Road executive chairman Mark Bouris revealed on Wednesday the troubled financial services company had completed the first leg of the sale of its wealth management division to Sequoia.
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