The independent registered investment advisor has partnered with Goldman Sachs Advisor Solutions for its custody services.
But CEO Dan Arnold is optimistic about the start of 2023, noting that the fourth quarter was the best period for recruiting last year and predicting that momentum will carry over into the first quarter.
The firm declined to comment about Jim Dickson's sudden departure from Sanctuary Wealth, which he had led since 2018.
Daniel Laiter will join Alex Brown's Brickell Avenue branch in Miami.
Jonathan Blakelock and six staff members are joining LPL from Ameriprise and will operate as Blakelock Financial Group in Kingwood.
Overall, the firm’s quarterly net revenue was flat compared to the prior year’s fiscal first quarter, and down 2% from the previous quarter.
Jeanne Eisele, Mary Gilbert and Leanne Gray operate as Anchor Financial in Linwood, New Jersey.
The deal will bring Cetera more than 1,000 advisors with $24.8 billion in assets under management and $47.4 billion in assets under administration.
Michael Critchfield and Matthew DiGiacomo operate as Core Financial Group in Yuba City, California.
Cory Triolo and Tim Checko are joining the IBD's investor and investment solutions team.
On net, the RIA channel gained 1,097 advisors and independent broker-dealers gained 923, while 1,291 advisors on net left wirehouses.
Temple, Texas-based Cedarwood Financial Partners specializes in retirement planning services.
Vancouver, Washington-based advisors Eric Fenton and Rodney Wangler founded their firm in 2001.
The Patriot Financial Group, based in a suburb of Boston, works with 70 financial advisors who have $2.5 billion in client assets.
David Dobrusin is both a CPA and a certified financial planner.
There are plenty of private equity managers left who could still invest in large branch offices of independent broker-dealers.
The share price of LPL Financial Holdings Inc. increased 27% over the past year, even as the S&P 500 index fell 19.4%.
The nine-member group, which will do business as Fountain Financial Group, had been affiliated with First Horizon Advisors.
Dallas-based Matt Irwin has 24 years of experience, all with Amerprise and a predecessor firm.
When aggregator Wentworth Management Services goes public by merging with a SPAC, Kingswood, sometime in the next few months, industry veteran Roth will serve as chairman.
