Lisa Tesar, who managed $260 million at Morgan Stanley in Cedar Rapids, Iowa, has joined the Linsco unit of LPL Financial, the firm’s employee adviser unit.
Tesar is a second-generation adviser who followed her father’s footsteps into their family business, which dates to 1936. She plans to eventually bring on her son to continue the legacy practice.
At Tesar Group Investment & Financial Planning by LPL Financial, Tesar works primarily with older high-net-worth clients, with a focus on individual portfolio management for retirement income strength.
Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.
The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.
The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.
Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.
"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
