Reason Financial Group, a seven-person hybrid team managing $200 million in San Diego, has changed its affiliation to LPL Financial from Avantax Wealth Management, a unit of Blucora.
Reason will use LPL as its custodian as well as its broker-dealer. Merit Financial Group, a registered investment advisory firm in San Clemente, California, will provide a variety of RIA services.
Reason was founded by Steve Pollock and Sean Storck, who are assisted by five team members, including tax strategists and financial planners.
While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.
"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.
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.
