Bolstering its new parallel business for investment advisers, Commonwealth Financial Network has hired Matthew Chisholm, formerly head of practice management and consulting at Fidelity Clearing & Custody Solutions.
Mr. Chisholm will head RIA services and practice management at Commonwealth, a new position.
In his role, Mr. Chisholm will “ensure that the firm’s advisers have access to the consultants, programs and resources they need to build the scalable and sustainable business they want,” the company said in a release.
Commonwealth said that as of the end of January, 119 of its advisers had switched to a fee-only business model.
Proposition 40 wealth tax could raise $30 billion, not $100 billion, as departures erode the base and voters remain split
Jump is piping FMG marketing content into post-meeting workflows as Zocks opens its platform to more than 32,000 LPL financial advisors
Trevor Uhls pleaded guilty to one count of wire fraud and one count of money laundering.
Osaic and LPL Financial routinely square off in recruiting advisors from other firms as well as from each other.
Meanwhile, Wealthspire's Ground Control business picks up a $1B private wealth firm in London, and Modern Wealth deepens its presence in California.
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
