The six-adviser wealth management division of GreenState Credit Union, which manages $350 million in assets, has switched its broker-dealer affiliation to LPL Financial. Five of the advisers at the Cedar Rapids, Iowa-based institution, the largest credit union in the state, were formerly affiliated with Cambridge Investment Research. The sixth was with Royal Alliance, part of Advisor Group.
GreenState advisers will use LPL’s Institution Services platform as well as Financial Resources Group Investment Services to assist with client service and growth.
Established in 1938, GreenState Credit Union serves more than 230,000 members.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
Celebrity endorsements, $500M in claimed assets, and a state regulator stepping in.
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
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
