Anthony “Tony” Frigoletto, whose team managed $500 million at Wells Fargo Advisors in Red Bank, New Jersey, has formed River’s Edge Wealth Partners, a hybrid advisory firm.
The firm will use the broker-dealer and registered investment advisory platforms of LPL Financial through LPL Strategic Wealth Services, a new unit that supports breakaway brokers with transition, operations and marketing assistance.
The River’s Edge team consists of Frigoletto, his wife and director of planning Nicole Adler-Frigoletto, adviser Jayeeta Choudhury and three support personnel.
From building multigenerational relationships to entering new adult planning areas and building healthy financial habits, higher education can be a gateway for advisors to become trusted partners to families.
The wirehouse-focused aggregator's rollout to more than 100 advisors lands as financial advisors race to add tax and estate planning tools.
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.
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
