The father-daughter team of John and Jennifer Tarantino, who managed $250 million at Morgan Stanley, have set up their own firm in Florham Park, New Jersey, and affiliated with LPL Financial.
The two are using the services of Gladstone Wealth Partners, a large office of supervisory jurisdiction on the LPL system.
John Tarantino had been with Morgan Stanley for 10 years and was with Merrill Lynch for 30 years before that. Jennifer Tarantino joined her father at Morgan Stanley in 2015.
By listening for what truly matters and where clients want to make a difference, advisors can avoid politics and help build more personal strategies.
JPMorgan and RBC have also welcomed ex-UBS advisors in Texas, while Steward Partners and SpirePoint make new additions in the Sun Belt.
Counsel representing Lisa Cook argued the president's pattern of publicly blasting the Fed calls the foundation for her firing into question.
The two firms violated the Advisers Act and Reg BI by making misleading statements and failing to disclose conflicts to retail and retirement plan investors, according to the regulator.
Elsewhere, two breakaway teams from Morgan Stanley and Merrill unite to form a $2 billion RIA, while a Texas-based independent merges with a Bay Area advisory practice.
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.
