Verus Capital Partners, a Scottsdale, Arizona-based practice serving $1 billion in advisory and brokerage client assets, has joined LPL Financial’s broker-dealer and corporate RIA platforms.
Verus, which includes 30 financial advisers, has a history dating to 2003, when Stephen Bull formed Bull Capital Management. That individual practice morphed into Verus Capital Partners.
Bull is joined by partner Zach Mason, who has worked in the financial planning industry since 2009.
Two of the larger teams supported by Verus are Phillips Financial Management and Oxenham Financial, each serving more than $100 million in brokerage and advisory assets.
The giant broker dealer and RIA overseeing roughly $800 billion in AUM and AUA has appointed a Merrill and BofA alum to support advisor growth.
Firm's CEO is confident SEC can approve without legislation.
The group led by a 37-year industry veteran brings $470 million in assets to the Philadelphia-based broker dealer.
The Atlanta, Georgia-based national wealth firm revealed its new PE partner as prior backers Wealth Partners Capital Group and HGGC's Aspire Holdings exited their investments.
The latest departures in Ohio mark another setback for the hybrid RIA, which is looking to "expanding its presence across all models and segments of the wealth management industry."
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.
