Jesse Rodriquez, who managed $326 million at UBS in Newport Beach, Calif., has left the firm and formed Rodriquez Wealth Management. The independent practice has affiliated with Wells Fargo Advisors Financial Network.
A veteran wirehouse adviser, Mr. Rodriquez began his career in 1996 at Smith Barney, moved to Merrill Lynch in 2006 then to UBS in 2011.
Also affiliating with FiNet is R Carson, who managed $60 million at Edward Jones. He has formed Jeller Wealth Management in Chicago. Mr. Carson was with Edward Jones for 12 years.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
