Wealth Advisory Services, a Doylestown, Pennsylvania, hybrid practice overseeing $700 million in assets, has reaffiliated with LPL Financial after a five-year stint at Raymond James.
The practice, led by partners Paul Krumenacker and David Jenkins, was founded in 2003. It includes independent financial advisers Michael Sheehy and Scott Stencler, as well as two support members.
The team affiliated through Gladstone Wealth Partners, a large LPL office of supervisory jurisdiction.
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
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