A four-adviser, all-female team managing $800 million at Wells Fargo Advisors in Miami has gone independent as Green Grove Wealth Management and affiliated with Miami-based Insigneo.
The four advisers — Isadora Del Llano, Yzana Oestreicher, Maria Elena Garcia and Nilia Gasson — are all Wells Fargo veterans. The team has clients in Latin America, the Caribbean and Europe as well as in the U.S.
Del Llano spent 21 years at Wells Fargo and its predecessor firms. Oestreicher, who has 26 years of experience in the financial services industry, spent the past 24 years at Wells Fargo and its predecessor firms.
Garcia, a 45-year financial veteran, started her career at Chase Banking International and spent the remaining 30 years at Wells Fargo and its predecessor firms. Gasson has been an adviser for 40 years, the past 30 years of which she spent at Wells Fargo and its predecessor firms.
While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.
"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.
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.
