Rick Suarez has been named to succeed Rob Clarfeld as chief executive of Clarfeld/Citizens Private Wealth, which manages $7.5 billion in assets.
Mr. Suarez has been with the firm since 1996.
It was founded in 1981 by Mr. Clarfeld and acquired last year by Tarrytown, N.Y.-based Citizens Bank.
“To ensure continuity of culture and direction, Rob Clarfeld will remain with the firm he founded as executive chairman, focusing on strategic initiatives, brand stewardship and client service,” the company said in a release.
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
