LPL Financial has recruited a $200 million duo from Cetera Financial Services.
Tarik Eldin and Mike Hastings, who are the investment unit, SCU Investment Services, of the Sacramento Credit Union, joined the broker-dealer and corporate registered investment adviser platforms, LPL announced Monday.
The team serves Sacramento, Calif., and six surrounding communities, providing comprehensive retirement planning, access to college savings plans, estate planning, pension planning and financial planning services.
According to a statement, the team was attracted to LPL’s “enhanced technology and advisory capabilities.”
“The integrated systems within LPL’s technology platform are going to create more efficiency in our office and make it better for members, too,” Mr. Eldin said. “We can see that already, with it being simple and easy to open a new account and members having the ability to sign their paperwork digitally. It’s going to save us hours each week.”
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
