Bernicke Wealth Management, an Altoona, Wisconsin-based hybrid managing $530 million, has switched its broker-dealer and registered investment advisory platforms to LPL Financial.
Bernicke earlier used Triad Advisors, part of Advisor Group, as its broker-dealer and TD Ameritrade as its custodian.
Bernicke will affiliate with LPL through Great Valley Advisor Group, an office of supervisory jurisdiction.
The firm was started two decades ago by Ty Bernicke, the president and senior wealth manager, with his father. The team includes four advisers, as well as paraplanners, tech specialists and client services support staffers.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
