Third Seven Group LLC bought a stake in boutique investment management consultancy UDIS Capital Partners, with plans to merge their services into both the investment bank, Third Seven Capital LLC, and the advisory side of the firm, Third Seven Advisors.
In addition, Third Seven Group promoted Amit Dogra to CEO of unit Third Seven Advisors. Dogra most recently was president of Third Seven Advisors, a role he held for five months. Before Third Seven Group, he was at HighTower Advisors LLC.
Also, Third Seven Group hired Michael Block as managing director and market strategist for Third Seven Advisors. He will advise on macroeconomics, market strategy, risk management and asset allocation. Previously, Block was partner and chief strategist for Rhino Trading Partners LLC.