A team of three advisers managing $1.05 billion at the Alex. Brown unit of Raymond James have moved to the Westport, Connecticut, office of UBS. The three — David Rosenthal, Stephen Collins and Daniel Rupp — practice as RC Wealth Management.
Rosenthal, an attorney, joined Smith Barney in 1997. In 2014, he moved to Deutsche Bank Securities, which had integrated Alex. Brown earlier. Raymond James acquired Deutsche Bank’s wealth management business and the Alex. Brown brand in 2016.
Collins started his career at Smith Barney, moved to Bank of America Merrill Lynch in 2007, and to Citigroup in 2012. In October 2016, he joined Rosenthal at Alex. Brown.
Rupp has five years’ experience at Wells Fargo and Alex. Brown.
Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.
The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.
The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.
Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.
"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.
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.
