The New York bank’s $20 billion in AUM will make it the largest on LPL's platform
Adding Frontier Investment Management brings the firm's total AUM to $56.7 billion
Alfredo Risi has been named chief operating officer at the Birmingham, Michigan-based boutique wealth advisory firm
Keith Boyd is affiliating through Gladstone, an LPL office of supervisory jurisdiction in Flemington, New Jersey
Jeff and Bruce get the details on Dani Fava’s celebrated move to Envestnet and why it matters to advisers. After that, they dissect the missing assets at GPB Capital, explain the pros and cons of zero-fee ETFs, look at the headaches of fintech platform consolidations, and ask whether Covid-19 is becoming a standard excuse for bad customer service.
Mark Hopkins, who was barred by Finra in 2019, said he would put the funds in an investment earning 6% or 7%
The proposal fails to account for evidence that long-term investors, like retirees, are likely to earn better returns
The veteran advisers, natives of Venezuela, are based in Miami
Cornerstone Financial Planning in Florida is led by a brother-sister team
The class action alleges the company didn’t prudently monitor record-keeper expenses
