Financial House, a six-adviser group based in Centreville, Delaware, that manages $650 million, has switched affiliations from Lincoln Financial to LPL Financial.
The firm was established more than 30 years ago, and its second generation of owner-advisers consists of Joseph Biloon, Robert Griesemer and Emily Woodson, LPL Financial said in a press release Monday.
Also on the team are advisers Joseph Blair, Leo Strine and Gary Ulrich Jr., along with several planning associates and office support team members.
The firm said the move to LPL will open up more opportunities for the team to recruit new advisers and also grow the practice inorganically, with access to a larger pool of retiring advisers looking to sell part or all of their business.
Consolidation continues in US wealth management industry.
Tech company democratizes access to US trading infrastructure.
RBC Wealth Management's latest move in New York adds an elite eight-member team to its recently opened Westchester office.
Stifel – so far - is on the hook for more than $166 million in damages, legal fees and settlements in investor complaints involving Roberts, a 35-year industry veteran.
The giant alt investments platform's latest financing led by T. Rowe Price and SurgoCap Partners, along with State Street, UBS, and BNY, will fuel additional growth on multiple fronts.
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.
