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.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
