One of St. Petersburg’s most promising financial firms recently called off plans for a $100 million initial public offering, but the firm’s CEO still intends to take the company public.
Dynasty Financial Partners was ready for the public markets, and an IPO is still the right long-term strategy, CEO Shirl Penney told the Tampa Bay Business Journal.
The transparency required of public companies would play well for the firm’s business, Penney said. In an industry where reputation and trust…