Alex. Brown, a division of Raymond James, said it has added Daniel Laiter, a Florida advisor who managed more than $250 million in assets at Merrill Lynch.
Laiter will join the firm’s Brickell Avenue branch in Miami.
According to his BrokerCheck report, Laiter has 25 years of experience. He had been affiliated with Merrill Lynch since 2008, and earlier did stints at Lehman Brothers, Credit Suisse Securities and Donaldson Lufkin & Jenrette.
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
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