Advisor Group said Tuesday morning that a team of RBC Capital Markets advisors with $250 million in client assets, led by Tom Delich, last month joined Financial Dimensions Group, which is affiliated with Royal Alliance Associates Inc., one of eight broker-dealers in the network.
Financial Dimensions Group, based in suburban Minneapolis, is one of the largest firms affiliated with Advisor Group, with more than 60 financial professionals managing over $4.2 billion in total client assets, according to the company.
Delich had worked at RBC for almost 23 years, according to his BrokerCheck report.
"We are excited to partner with Financial Dimensions Group and look forward to all the benefits of being part of Advisor Group," Delich said in a statement.
The team at New Brighton, Minnesota-based Delich Wealth Management includes advisor Ben Freeby and staffer Mary Farnham.
Advisor Group announced last month that it will merge its eight affiliated broker-dealers under a single, yet-to-be named brand in a process that will take two years.
In this InvestmentNews TV panel, leading advisors discuss longevity risk, retirement income planning, withdrawal strategies, healthcare costs, and the mindset shifts retirees need to enjoy the wealth they've worked so hard to accumulate.
&Partners has also added a $357 million Texas family practice, while Janney recruits a $250 million Edward Jones advisor in Miami
Linda Patel will lead J.P. Morgan Advisors in Florida and Georgia as Bank of America adds nonprofit specialists in New York
Interval funds and other semi-liquid or illiquid products are typically two to three times more expensive than plain vanilla stock or bond mutual funds or exchange-traded funds.
The royalty statements looked normal - until someone checked the electronic files.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
