Broker team managing $200 million joins group linked to LPL

Broker team managing $200 million joins group linked to LPL
Boston-based advisers leave Northwestern Mutual for firm overseen by PAG.
MAR 15, 2019
John Mara and Shaun Feldeisen, Boston-based advisers who managed $200 million in assets at Northwestern Mutual Investment Services, have joined Bleakley Financial Group. The team's four-person support staff also made the move. Bleakley is overseen by Private Advisor Group (PAG), an office of supervisory jurisdiction affiliated with LPL Financial's broker-dealer and corporate and hybrid RIA platforms. (More:​ See more adviser moves in InvestmentNews' Adviser on the Move database.) Mr. Mara had been affiliated with Northwestern Mutual for his entire career, which began in 1998. Mr. Feldeisen began his career at Northwestern Mutual in 2005.

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

SPONSORED RILAs bring stability, growth during volatile markets

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.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave