Sean Russell and Philip Giammarino, who managed $325 million at UBS, have gone independent and joined Coastline Wealth Management, an affiliate of Kestra Financial.
Russell and Giammarino, who brought with them Jean Kunkel, their client service manager, will work from Coastline’s offices in Port Jefferson, N.Y.
Working as a team at UBS for eight years, Russell and Giammarino were previously affiliated with Wells Fargo Advisors and Prudential Securities.
The proposed $120 million settlement would close the book on a legal challenge alleging the Wall Street banks failed to disclose crucial conflicts of interest to investors.
Sue Quackenbush brings more than 25 years of leadership experience to "align people strategies with a growth-oriented culture" at Envestnet.
The Democrat from Massachusetts is pushing the retirement plan giant to explain how it would protect participants from risks linked to private markets.
More than one-third of small business owners plan to sell in the next year, as inflation concerns and tariff pressures compound exit planning gaps.
The move to charge data aggregators fees totaling hundreds of millions of dollars threatens to upend business models across the industry.
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.
