A female-owned hybrid managing $220 million, Stonebridge Financial Planning Group, has switched its broker-dealer affiliation to Commonwealth Financial Network from Triad Advisors.
Financial advisers Dianne Webb, Rhonda Shurtleff, Becky Robey and Catherine Hyder lead the team and are based in Orlando, Florida.
The team provides all aspects of financial planning for women and their families and specializes in working with women in transition. The trust they build with clients are especially helpful to women going through major changes — such as divorce, retirement, or death of a spouse, Commonwealth said in a press release Wednesday.
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
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.
