Stearns Financial Group's addition brings 30 advisors and three decades of North Carolina planning experience to the platform.
The veteran-led advisory firm moved nearly 50 advisors from Osaic to Cetera this week, launching a new equity-ownership RIA with two key footprints in the East Coast.
Proposition 40's endorsement clash exposes a widening rift between progressives and Newsom's more cautious wing in the West Coast.
The practice brings $700 million in client assets and opens a new Northeast office for the California-headquartered firm.
Founder-led 32 North Wealth brings four partners to the hybrid RIA while extending its record of attracting Wells Fargo breakaways.
EisnerAmper's Nick Tsafos argues a reported probe by the SEC, along with fresh questions raised by AI, should push advisors to vet secondary PE exits more like new deals.
Firm admits repeated Bank Secrecy Act violations after regulators say it missed the same kind of wire-monitoring failures flagged in 2018.
Thousands of primary homeowners claim to have been wrongly flagged for a levy meant for second-home owners.
Advisor recruiting climbed to its strongest pace in nearly two years, while CEO Richard Steinmeier said the firm has "cleared the decks" for bigger institutional deals.
Median RIA assets rose 14.5% while client rosters grew barely 2%, according to a new analysis of SEC filing data.
