A three-person team managing $1.5 billion at Morgan Stanley Private Wealth Management in Los Angeles has joined Rockefeller Capital Management.
The Maentz Machlovitch Group is led by Hans Maentz and Bern A. Machlovitch and includes portfolio manager Ben Helvey.
Maentz Machlovitch specializes in providing investment services to Native American tribes and Alaskan native corporations.
Both Maentz and Machlovitch started their careers at Lehman Brothers in 2002, according to their BrokerCheck profiles. Morgan Stanley recruited them from Lehman in 2006.
A new proposal could end the ban on promoting client reviews in states like California and Connecticut, giving state-registered advisors a level playing field with their SEC-registered peers.
Morningstar research data show improved retirement trajectories for self-directors and allocators placed in managed accounts.
Some in the industry say that more UBS financial advisors this year will be heading for the exits.
The Wall Street giant has blasted data middlemen as digital freeloaders, but tech firms and consumer advocates are pushing back.
Research reveals a 4% year-on-year increase in expenses that one in five Americans, including one-quarter of Gen Xers, say they have not planned for.
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.
