The Tagge Rutherford Financial Group, an Omaha, Nebraska-based hybrid managing $1 billion, has switched affiliations from Cetera to LPL Financial.
The group will use LPL’s registered investment advisory platform and its broker-dealer.
The firm, which was founded in 1993, has 25 advisers, most of whom have spent their entire career with the firm.
Partners on the firm’s executive team include Scott Norvell, Monte Peterson, Chad Peterson, Adam Bailey and Nate Edie.
Monte Peterson, Tagge Rutherford's president, cited LPL's technology as a factor in the move.
"With LPL’s technology platform, the tools we use to serve clients — from reporting to trading — work together under a single sign-on," Peterson said in a press release. "It will be so much easier to manage the day-to-day support of clients, and they will have a transformed experience as well.”
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
