Three advisers who collectively managed $100 million at three separate broker-dealers have formed a hybrid partnership in Orange City, Fla., that has affiliated with Synergy Wealth Alliance, an office of supervisory jurisdiction for LPL Financial.
The three advisers are Shawn Walton, formerly with Cambridge Investment Research; Debbie Hawksworth, formerly with Edward Jones; and Richard Coloni, formerly with Cetera Advisers.
Synergy Wealth Alliance, which serves approximately $650 million in brokerage and advisory assets, affiliated with LPL in February. It is based in Maitland, Fla.
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
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