Eight financial advisers managing almost $355 million have affiliated with Kingswood U.S., a New York-based network of two registered investment advisory firms and two broker-dealers which collectively oversee $3 billion.
The new affiliates are:
"Kingswood U.S. has built its reputation among independent financial advisors as a wealth management network with the resources and flexibility to accommodate a wide range of successful practices,” said Michael Nessim, CEO, president and managing partner of Kingswood U.S.
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.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
Also, CAPTRUST adds a $300 million planning team from Sanctuary in its home market of Raleigh, and Sequoia Financial Group buys a Boulder family office.
New nonvoting shares would let the Meta CEO cover eyed Proposition 40 tax without losing control, in exchange for an eight-year residency pledge
New research exposes a wide gap in how affluent parents and their adult children understand and prepare for the transfer of family wealth.
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