A three-adviser team managing $380 million at RBC Capital Markets has gone independent and affiliated with LPL Financial through its Strategic Wealth Services platform.
George Chardukian, Adam Goldstein and Maria Peralta formed Adara Wealth Management and opened an office in Tucson, Arizona. They will use LPL’s broker-dealer, corporate RIA and custodial platforms and receive operational and management support from LPL.
Chardukian has been in the industry since 1982 and joined RBC in 2002. He hired Goldstein as a college intern, leading to his full-time employment immediately after he graduated in 2007.
The move to charge data aggregators fees totaling hundreds of millions of dollars threatens to upend business models across the industry.
The latest snapshot report reveals large firms overwhelmingly account for branches and registrants as trend of net exits from FINRA continues.
Siding with the primary contact in a marriage might make sense at first, but having both parties' interests at heart could open a better way forward.
With more than $13 billion in assets, American Portfolios Advisors closed last October.
Robert D. Kendall brings decades of experience, including roles at DWS Americas and a former investment unit within Morgan Stanley, as he steps into a global leadership position.
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.
