Harry Sherdil and associate adviser Nestor Belmonte, who managed $250 million at Wells Fargo Advisors in Fremont, California, have gone independent via LPL Financial and set up Humanity Wealth Advisors in Newark, California.
Humanity affiliated through The Financial Services Network, an LPL office of supervisory jurisdiction, and will use its Strategic Wealth Advisors Group registered investment adviser.
Sherdil, who emigrated to this country from India in 1990, says his goal is to help 100 young men and women from all nationalities join the financial services industry.
South Carolina estate planning firm joins Osaic’s IBD network, citing succession planning tools and multigenerational growth resources.
A new SIFMA and KPMG study of more than 2,100 US investors finds satisfaction high, AI-only trust falling, and demand for human guidance growing across every generation.
Retail banks and private wealth firms scored 40 in Fitch's AI stress test, signaling possible one-notch downgrade risk under an adverse scenario.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL.
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
