The Tagge Rutherford Financial Group, an Omaha, Nebraska-based hybrid managing $1 billion, has switched affiliations from Cetera to LPL Financial.
The group will use LPL’s registered investment advisory platform and its broker-dealer.
The firm, which was founded in 1993, has 25 advisers, most of whom have spent their entire career with the firm.
Partners on the firm’s executive team include Scott Norvell, Monte Peterson, Chad Peterson, Adam Bailey and Nate Edie.
Monte Peterson, Tagge Rutherford's president, cited LPL's technology as a factor in the move.
"With LPL’s technology platform, the tools we use to serve clients — from reporting to trading — work together under a single sign-on," Peterson said in a press release. "It will be so much easier to manage the day-to-day support of clients, and they will have a transformed experience as well.”
The Reddit trading community's formal comment letter against the proposal is drawing widespread attention across finance and tech circles.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
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
Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.
UBS has a history of costly litigation stemming from the sale of volatile investment products.
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
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
