RIA with $3.1B leaving Schwab’s custodian for Axos
CG Advisor also has a relationship with LPL's custodian and is looking to partner with a third or fourth custodian.
As Charles Schwab nears the completion of its merger with TD Ameritrade, a large registered investment advisor is instead moving to another custodian.
CG Advisor Network, a firm that manages $3.1 billion across 70 advisors, announced that it would leave Schwab Advisor Services in favor of Axos Ad
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