Sandstone Wealth Management, the investment program of Geneva, Nebraska-based Heartland Bank, has joined LPL’s Institution Services platform. The program’s two advisers and two assistants, who oversee $300 million in assets, had been affiliated with Raymond James and Royal Alliance.
Sandstone, the new name of the bank program, affiliated with LPL through JFC Advisor Network, a large office of supervisory jurisdiction based in Lincoln, Nebraska.
The two advisers are Tyler Daly, who runs Sandstone, and Mike Theis.
The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
The high court's decision rebuffing Alpine Securities marks a setback for a broader challenge to Wall Street's reliance on self-regulatory organizations.
Arax acquires a boutique firm's $4 billion RIA business in Michigan as Steward Partners continues its Southwestern expansion.
Wealth management is a key focus for a new service tier.
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.
