Patrick Gingras, who co-founded Brenton Point Wealth Advisors, an RIA firm with offices in New York and Madison, Connecticut, has joined MAI Capital Management as a regional president and senior managing director.
Gingras, who will be based in Madison, brings with him managed assets of $725 million.
MAI, based in Cleveland, Ohio, manages $12.2 billion.
Meanwhile in Chicago, the wirehouse also lost another $454 million team as a group of defectors moved to Wells Fargo.
The broker-dealer giant's latest acquisition agreement extends its push towards offering enhanced financial planning and investment management.
Resilient market will be led by companies that don't shy away from deals.
Financial services compliance consultant ACA Group told InvestmentNews it had four clients report receiving emails that impersonated David Bottom, the SEC's chief information officer, with smaller firms being targeted.
Financial advisor Derek Wittjohann shares the lessons he learned after leaving a major wirehouse to set up his own practice in the second installment of InvestmentNews' new 'Independence Stories' series.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.
