Commonwealth Financial Network announced Tuesday that a pair of advisors overseeing more than $230 million in client assets joined the firm from Advisor Group.
Advisors Michael Critchfield and Matthew DiGiacomo, along with their team, operate as Core Financial Group in Yuba City, California. The rest of team includes Evan Pugh and Matthew Debiase, both para planners, and Jen Wilson, office manager.
In a statement, DiGiacomo cited Commonwealth’s “technology, service, and culture.”
“The advisor-centric, service-oriented culture aligns with who we are and the way we serve our own clients,” he said.
Critchfield had been associated with Woodbury Financial Services, a unit of Advisor Group, since 2010, and started his career at Edward Jones in 2005, according to his BrokerCheck report. DiGiacomo had been affiliated with Woodbury since 2011 and started at Edward Jones in 2002.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
A new PitchBook analysis unpacks sticking points relating to liquidity, costs, and litigation risk for would-be investors and plan sponsors.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
The collaboration will give RIAs yet another access point into the alternatives space through a new unified managed account capability.
A drop in interest rates and easier access to capital has reignited appetite among private equity-backed consolidators, who accounted for 53% of RIA deals so far this year- their highest share since 2021 according to DeVoe & Company.
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.
