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.
Preparing your clients to withstand the ups and downs of change – both external and internal – could be the key to unlocking their loyalty, trust, and confidence.
After leaving LPL in 2020, it hasn’t gone Cornick’s way at Osaic.
The finance professor and quant investing veteran believes with the right guardrails, artificial intelligence could be trusted to meet the high bar of fiduciary advice.
UBS has also regained some ground as it recruited an experienced Merrill advisor in New York.
The ex-Bay Area broker reportedly continued to peddle fake bond investments, promising rates of returns exceeding 20%, even after FINRA suspended his license in 2014.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
