Boston Harbor Wealth Advisors, a super office of supervisory jurisdiction for Raymond James, has attracted advisers from Morgan Stanley and Merrill Lynch, as well as two independent teams, who collectively manage $686 million in assets.
Bill Sherlach, Jim Mead and Sal Trombetta, who operate as the IST Group and managed $336 million at Morgan Stanley, are based in Fairfield, Connecticut.
Brian M. Marino, Gene Craciun and their five-person team, who operate as OnPoint Wealth Partners in Cleveland, manage $250 million and were formerly affiliated with MML Investors Services.
Former Merrill Lynch adviser Jeffrey Fitz, who managed more than $50 million in Briarcliff Manor, New York, and John Meaken, who also manages more than $50 million and was formerly affiliated with LPL in Beverly, Massachusetts, also affiliated with Raymond James through Boston Harbor Wealth Advisors.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
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
Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.
UBS has a history of costly litigation stemming from the sale of volatile investment products.
New director David Woodcock puts firms on notice over fees, conflicts, and liquidity risk as private credit shows signs of stress.
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
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
