An eight-member team managing $1.5 billion at Truist Investment Services in Palm Beach, Florida, and Bethesda, Maryland, has joined Rockefeller Capital Management, a New York-based firm managing $85 billion.
The leaders of the firm, Peter Clarke, Drew Karr and Neva Hagopian, had been affiliated with Truist and predecessor BB&T since 2013, and earlier were affiliated with Scott & Stringfellow.
They are joined in the move by Jack Traxler, Jack Mutchnik, Serena Burns, Caryn Minns and Natalie Smyth.
Also, Merill Lynch scores a billion-dollar recruitment win in New York with a sports-focused advisor defecting from UBS.
The declaration – for which the university said "there is no legal basis" – represents the latest escalation in the president's ongoing attack against the Ivy League institution.
Treasury yields rise as employment figures ignore market mayhem.
The new in-house talent sourcing service at Raymond James Financial Services seeks to help independent advisors fill gaps in various roles, ranging from associates to entry-level advisors.
Firms expand geographic footprint, capabilities in latest M&A activity
From direct lending to asset-based finance to commercial real estate debt.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
