Pacstar Financial Group, a four-adviser team that manages $420 million, has changed affiliation from Ameriprise Financial to LPL Financial.
Alan Kodama launched the Honolulu-based firm in 1987, and over the years acquired seven other practices. Pacstar also has offices in Kauai, Pearl City and Maui.
Kodama was joined in the move by advisers Thomas Lodico, John Araki and Rose Antonio, along with four office support members.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
Celebrity endorsements, $500M in claimed assets, and a state regulator stepping in.
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
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
