Rudy Adolf takes swipe at wirehouse brokerage after Morgan deal
![Rudy-Adolf-Focus-Financial](https://s32566.pcdn.co/wp-content/uploads/2020/02/Adolf-Rudy-951x634.jpg.optimal.jpg)
Focus Financial CEO says Morgan Stanley's purchase of ETrade shows traditional brokerage model is broken
In the wake of Thursday morning's announcement that Morgan Stanley is buying ETrade Financial Corp. for $13 billion in stock, Rudy Adolf, the founder and CEO of one of the industry's most prominent buyers of registered investment advisers, Focus Financial Partners Inc., revealed his thinking about t
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