Neil J. Goetzman and Jeffrey A. Nau, who managed $900 million at Merrill Lynch in Alexandria, Va., have gone independent as Goetzman Nau Financial Partners and affiliated with Raymond James.
Goetzman, the new firm’s managing partner, began his career more than 30 years ago at Merrill Lynch. Nau, the firm’s senior partner, also spent his entire wealth management career at Merrill Lynch, beginning his career there in 1999 and partnering with Goetzman in 2004.
The team also includes financial adviser Gerald Lyon, who joined Merrill Lynch in 2006, and associate Kathy Trzaskoma.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
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
