LPL Financial has recruited a $200 million duo from Cetera Financial Services.
Tarik Eldin and Mike Hastings, who are the investment unit, SCU Investment Services, of the Sacramento Credit Union, joined the broker-dealer and corporate registered investment adviser platforms, LPL announced Monday.
The team serves Sacramento, Calif., and six surrounding communities, providing comprehensive retirement planning, access to college savings plans, estate planning, pension planning and financial planning services.
According to a statement, the team was attracted to LPL’s “enhanced technology and advisory capabilities.”
“The integrated systems within LPL’s technology platform are going to create more efficiency in our office and make it better for members, too,” Mr. Eldin said. “We can see that already, with it being simple and easy to open a new account and members having the ability to sign their paperwork digitally. It’s going to save us hours each week.”
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
