Two hybrids based in Southeastern Michigan, Baldwin Capital Management of Northville and Langdon Capital Management of Clarkston, have switched affiliations from Voya Financial Advisors to LPL Financial. The two firms work as partners and manage $350 million.
They will use LPL’s broker-dealer and corporate registered investment adviser platforms and employ LPL as custodian.
Advisers Scott Baldwin, Bill Langdon, Todd Sander and Andrew Baldwin specialize in 401(k) plans, and have morphed their business into a wealth management practice focused heavily on financial education and retirement coaching.
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
