Riolo Financial Group, an independent team managing $250 million in New City, New York, has left Ameriprise Financial and affiliated with the broker-dealer and registered investment adviser platforms of LPL Financial.
The planning-based practice, led by Dominick Riolo and his son, Frank Riolo, was founded in 2014.
They are joined in the move by adviser and colleague Lisa Sherman and two office support staff members.
The team was affiliated with Ameriprise for seven years.
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
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.
