David Winchell, who managed $265 million at UBS Financial Services in Las Vegas, has formed the Winchell Financial Group and affiliated with LPL Financial.
In affiliating with LPL’s broker-dealer and using its corporate registered investment advisor platform, Winchell chose to use specialized services that LPL can provide to breakaway brokers, including support for daily operations and long-term business management.
The firm's client service and operations manager, Angie Tomassetti-Ferrin, made the move along with Winchell.
Winchell joined UBS in 2010. He started his securities career in 1996.
While the choice for advisors to "die at their desks" might been wise once upon a time, higher acquisition multiples and innovations in deal structures have created more immediate M&A opportunities.
A father-son pair has joined the firm's independent arm in Utah, while a quartet of planning advisors strengthen its employee channel in Louisiana.
Mayer Brown, GWG's law firm, agreed to pay $30 million to resolve conflict of interest claims.
New report shows dimmed outlook for benefits to retirees and disabled Americans, creating further pressure for federal tax hikes or more borrowing.
Open letter to SEC Chair Paul Atkins questions whether the Ivy League university withheld material information prior to its $750 million taxable bond offering.
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.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
