Foran Financial Group, a Somerville, New Jersey-based firm managing $350 million, has changed affiliations and returned to LPL Financial after a six-year relationship with Raymond James.
The group’s advisers include firm president and founder Dan Foran and his children John Foran and Jessica Weaver.
The firm also serves as an office of supervisory jurisdiction for advisers Brian Sweatt, Mark Walters and David Selden.
Before moving to Raymond James, Foran Financial been affiliated with LPL from 1997 to 2014.
[Slideshow: Top 10 firms for adviser moves]
By listening for what truly matters and where clients want to make a difference, advisors can avoid politics and help build more personal strategies.
JPMorgan and RBC have also welcomed ex-UBS advisors in Texas, while Steward Partners and SpirePoint make new additions in the Sun Belt.
Counsel representing Lisa Cook argued the president's pattern of publicly blasting the Fed calls the foundation for her firing into question.
The two firms violated the Advisers Act and Reg BI by making misleading statements and failing to disclose conflicts to retail and retirement plan investors, according to the regulator.
Elsewhere, two breakaway teams from Morgan Stanley and Merrill unite to form a $2 billion RIA, while a Texas-based independent merges with a Bay Area advisory practice.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
