RBC said that it recruited a pair of advisers with $245 million in assets under management to join its branch in Albuquerque, New Mexico. The duo had been affiliated with Maplewood Investments.
John Goodwin has four decades of industry experience, having joined E.F. Hutton in 1979. The other adviser, Scott Schroeder, started his career in 2010 at Ronin Capital.
A client associate, Sarah Thomas, is also making the move to RBC.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
