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.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
