Tim Truebenbach, who managed $350 million at Morgan Stanley, has joined the Linsco employee adviser channel at LPL Financial. He will be the anchor tenant in a new Linsco office in Tacoma, Washington, LPL said in a release.
Truebenbach is launching True Private Wealth. He is joined in the move by a staffer, Wendy Keefe.
Truebenbach has 21 years of experience and was with Morgan Stanley and a predecessor firm for 14 years.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
