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.
Dental, medical and multigenerational planning teams in Greater Boston and Pittsburgh bolster the $609 billion mega-RIA’s push for sector depth and regional scale.
The two-way agreement, which has TPG overseeing an initially $12 billion mandate, makes Jackson the latest insurance player to tap external expertise in asset-based lending.
The proposed new income levy would build on the state’s “Taylor Swift tax,” adding to a growing web of state-level measures impacting affluent households.
Carson’s first full-office purchase of the year and EP’s latest Southwest partnership spotlight their continuing growth-by-acquisition strategies.
