Apex Clearing has named Tricia Rothschild its president. The 26-year veteran of Morningstar Inc. resigned last November as the company’s chief product officer and co-head of global markets.
Apex has not had anyone in the role of president for several years, a spokesperson said.
Dallas-based Apex also said that Tom Valverde, an RIA sales and custody veteran who previously held executive leadership roles at Fidelity Institutional and BNY Mellon’s Pershing, has been appointed general manager of advisory, which is a new position at the company.
Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.
The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.
The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.
Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.
"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.
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.
