Nicholas Troiano and Mathew Mattice, who oversaw client assets totaling $1.5 billion at TIAA, have moved to the employee channel of Raymond James in Colorado.
The two joined firm offices in Denver and Boulder in March, and now manage about $600 million.
They were joined in the move by client service associate Christine Blakely.
Troiano started his career at Buckman Buckman & Reid Inc. in 2000 and subsequently worked at CIBC World Markets, J.P. Morgan Securities, Hightower Securities and Morgan Stanley, according to his BrokerCheck report, before joining TIAA in 2015. Mattice worked for a decade at Lenox Advisors in New York before joining TIAA in 2019.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
A new PitchBook analysis unpacks sticking points relating to liquidity, costs, and litigation risk for would-be investors and plan sponsors.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
The collaboration will give RIAs yet another access point into the alternatives space through a new unified managed account capability.
A drop in interest rates and easier access to capital has reignited appetite among private equity-backed consolidators, who accounted for 53% of RIA deals so far this year- their highest share since 2021 according to DeVoe & Company.
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.
