Ten advisers in teams managing nearly $1.4 billion have joined Janney Montgomery Scott from two wirehouses.
A team of four advisers — George MacKenzie, Paul LoFurno, Robert Cappelli and David Grahn, who managed more than $560 million at Wells Fargo — joined Janney in Philadelphia. They join with Jeanne Willits, their client associates.
The Butera Jordan Bender Hendricks Group, a four-person team managing $575 million at Merrill Lynch, joined Janney in Kingston, Pennsylvania. The team consists of Peter Butera, Steven Jordan, Brad Bender and Mandie Hendricks, as well as associates Marcyanna Horvath and Tracy Smithnosky.
In Ponte Vedra, Florida, the Graves Tidwell Wealth Advisory Group, which managed more than $250 million at Wells Fargo, joined Janney. The group consists of advisers Michael Graves and Jeffrey Tidwell, and their senior associates, Linda Wall and Dawn Bloom.
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
Goldman Sachs Asset Management report reveals sharpened focus on annuities.
Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.
Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave