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.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
