Nautica Wealth Advisors, a hybrid managing $250 million in San Diego, has returned to LPL Financial’s broker-dealer and corporate RIA platforms after being affiliated with Cetera for three years. The firm will also use LPL as its custodian.
The firm and two of its lead advisers — Mike Lerner and Steve Lerner — had been affiliated with LPL for 12 years when their office of supervisory jurisdiction moved to Cetera. At the time, the firm’s third lead adviser, Jayne Byrne, had been affiliated with LPL for 31 years.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
Celebrity endorsements, $500M in claimed assets, and a state regulator stepping in.
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
