Terri Kallsen takes over as CFP Board chair while educator-turned-planner Dan Galli steps into the top volunteer role at the Financial Planning Association.
Move would sweep many more RIAs and funds into the “small entity” bucket, potentially reshaping how the federal securities regulator designs new rules.
The Nvidia chief’s support for a one-time levy puts him at odds with fellow tech moguls, some of whom are reportedly exiting the state.
The veteran executive will oversee advisor development and planning infrastructure as the Chicago-based RIA leans harder into tax-driven strategies.
Also, a Rhode Island-based UBS team hops to another wirehouse, and another LPL veteran has defected to Cetera in Connecticut.
The move adds an 11-person ensemble to Wells Fargo’s independent network in Long Island as it continues to court elite advisory teams.
Underwritten by a $350 billion valuation, the potential fresh backing from GIC and Coatue would add to pre-existing commitments from Microsoft and Nvidia to invest in the startup.
The veteran executive who helped oversee Cetera’s multicustodial buildout and deal-driven expansion will step aside after a yearlong succession process.
The veteran marketer brings deep financial services and digital experience, including roles at Bank of America, JPMorgan, and Fidelity, to the advisor-focused tech giant.
Meanwhile, Integrated Partners deepened its presence further in Connecticut, and Cerity Partners executed a merger of its own in the Lone Star State.
