A six-adviser team managing $600 million at Merrill Lynch has moved to Linsco, the employee unit of LPL Financial.
The team — Justin Hurd, David Earl Spencer, George Alessandria, Brandy Ebron, Sylvia Jorgensen and Ryan Larragoity — operates as Broadway Wealth Management, with locations in Oakland, California, and Savannah, Georgia.
The advisers are long-time Merrill employees. Hurd started his career at Merrill in 1986, according to his BrokerCheck report. Spencer had spent 14 years at Merrill, while Alessandria was there 18 years, and Ebron and Jorgensen were both at Merrill 16 years.
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.
