Sean Khaligh, who managed $170 million at Wells Fargo Advisors, has affiliated with LPL Financial through The Financial Services Network, one of LPL’s large offices of supervisory jurisdiction.
Khaligh, who started at Wells Fargo in 2007, has formed EQ Private Wealth Advisors, which is based in Palos Verdes, California.
Khaligh emigrated with his family from Iran when he was 12. He said he became determined to become a great adviser when, early in his career, a colleague told him that he would never be successful because of his last name and the stigma associated with Iran.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
