LPL loses hybrid group managing $750 million to Triad

Pinnacle Private Wealth switches B-D and hybrid RIA platforms

May 31, 2018 @ 11:27 am

By InvestmentNews

Pinnacle Private Wealth, a hybrid firm managing more than $750 million in assets, has switched its broker-dealer and hybrid RIA custodial platforms from LPL Financial to Triad Advisors.

Pinnacle makes its headquarters in Woburn, Mass., outside Boston, and is led by advisers Dan Cotton and Myles Dudley.

Mr. Cotton began his securities career in 1991 and worked at 11 firms before affiliating with LPL in 2009.

Mr. Dudley began his career at Quick & Reilly in 2003, moved to Citigroup in 2007 and affiliated with LPL in 2009.

0
Comments

What do you think?

View comments

Recommended for you

Featured video

Events

5 tech innovations you can't afford to ignore

Technology innovation is always top of mind at Pershing. What does Pershing have on tap for 2018 and beyond.

Latest news & opinion

Supreme Court curbs SEC administrative law judges

'Buckets of Money' adviser Raymond Lucia is entitled to a new hearing, court rules.

Opaque, outdated 401(k) plan disclosures harming investors, advisers

Morningstar report: Lack of data on fees, investments makes advice on rollovers costlier and more challenging for investors.

Mutual funds feel the pinch of platform fees

No-transaction-fee options are a big hit with investors, but funds wind up paying the costs — and passing them on.

Divorce reduces retirement readiness

The new tax law could increase financial challenges for divorced people, but planning opportunities abound.

Merrill Lynch fined $42 million for misleading customers

In addition to the practice of 'masking' trades, the wirehouse went to extremes to cover up the wrongdoing.

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