Brokers managing $366 million at credit union affiliate with Lincoln

Nov 13, 2017 @ 1:38 pm

By InvestmentNews

Kevin J. McDermott and John G. Kane, whose team managed $366 million at Citadel Federal Credit Union in suburban Philadelphia, have created Delphi Wealth Management Group and affiliated with Lincoln Financial's independent broker-dealer.

Delphi, headquartered in West Chester, Penn., also includes brokers Andrew Norton and Amada Juisti, who also had been affiliated with CUSO Financial Services, the broker-dealer that served Citadel.

Mr. McDermott and Mr. Kane had spent their careers at Citadel, joining in 1991 and 2000, respectively.

Mr. Norton began his securities career at MetLife Securities in 2010 and moved to Citadel in 2014. Ms. Juisti joined Citadel in 2014.

0
Comments

What do you think?

View comments

Recommended for you

Sponsored financial news

Featured video

INTV

Why broker-dealers are on a roll

Deputy editor Bob Hordt and senior columnist Bruce Kelly discuss last year's bounce-back for IBDs.

Latest news & opinion

SEC advice rule may give RIAs leg up over broker-dealers

Experts say advisers will be able to point to their role as fiduciaries as a differentiator in the advice market.

Brokers accept proposed SEC rule on who can call themselves an adviser

Some say the rule will clear up investor confusion, but others say the SEC didn't go far enough.

SEC advice rule: Here's what you need to know

We sifted through the nearly 1,000-page proposal and picked out some of the most important points.

Cadaret Grant acquired by private-equity-backed Atria

75-year-old owner Arthur Grant positions the IBD for the 'next 33 years.'

SEC advice rule seeks to tighten reins on brokers

The proposed rule puts new restrictions on brokers, but it is still unclear how strongly the SEC is clamping down.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print