A team of eight advisers managing $440 million has switched affiliations from Royal Alliance, which is part of the Advisor Group, to LPL Financial.
The Pittsburgh-based team, known as the Monteverde Group, began 51 years as a solo insurance practice headed by James Monteverde.
Monteverde continues to lead the firm along with partners Craig Shensa, Dan Martin and Wendy Asterino.
New research reveals rising expenses, forced early exits, and a widening gap between how long people live and how long their money lasts.
Firms continue their quest to attract and retain the best advisor teams.
A survey from TacticalMind AI found 69% of advisors say a high-quality AI platform that makes investment recommendations and constructs portfolios is worth $500 monthly, while research-only tools are valued closer to $250.
The alts tech provider's latest integration lets advisors query fund data and surface portfolio insights without leaving their primary workspace.
The regulator is scrutinizing how some firms oversee concentrated positions in complex "worst-of" notes – and wants answers.
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
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
