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.
The wirehouse-focused aggregator's rollout to more than 100 advisors lands as financial advisors race to add tax and estate planning tools.
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.
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
