Police in Anaheim, California, arrested 26-year-old RIA firm employee Ramy Fahim on suspicion of murder in a double homicide involving a colleague. The murders occurred Tuesday.
According to his LinkedIn profile, Fahim is an employee of Pence Wealth Management, a hybrid RIA firm whose registered representatives are affiliated with LPL Financial.
One of the two men Fahim is accused of murdering, Griffin Robert Cuomo, 23, is identified on the Pence website as a marketing/media assistant. The other victim, 23-year-old Jonathan Andrew Bahm, was Cuomo’s roommate.
According to the report from the Anaheim police department, on Tuesday morning the police responded to reports that an assault was occurring and found the two victims dead in an apartment. Fahim was also in the apartment and had suffered a minor injury.
Fahim is a resident of Irvine, California.
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