A team of four advisers and four associates managing $1 billion at Merrill Lynch in Portland, Oregon, has joined RBC Wealth Management.
Known as the Inter Alia Group, the team consists of advisers Stephen J. Groth, who had worked at Merrill Lynch for 30 years; Patrick M. Cummings, who worked at Merrill for 16 years, Robert V. Chavez, who worked at Merrill for 20 years, and Katrina R. Stump, who worked there for 7 years. The associates making the move are Susan K. Junell, Mimi Jue, Deborah A. Jenkins and Rachel Akerson.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
Examiners will scrutinize fee conflicts, complex products and super intelligence threats as broker-dealers face fresh Reg BI and AML reviews
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
