A four-adviser team that was managing $583 million at Kestra is moving to SagePoint Financial, a unit of Advisor Group.
The Albuquerque, New Mexico-based firm, Charles Stephens, will affiliate with SagePoint via super OSJ AmeriFlex Financial Services.
Charles Stephens is led by Adam Ciepiela and Kelly Famiglietta and includes Steve Ciepiela, who founded the firm in 1983, and Jonathan Stoner.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
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
