SGC Financial and Insurance Services, a 13-adviser hybrid managing $1 billion, has switched its broker-dealer and corporate registered investment adviser platforms from Securian Financial to LPL Financial, which it will use as its custodian.
The firm, which began as a general agency for an insurance company in 1945, is based in San Mateo, California.
Adviser Matthew Bond has been the firm's president since 2011 and Cara Banchero serves as COO. The team includes 12 other advisers and several support staff members.
See the latest Advisers on the Move here.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
