A four-adviser team managing $1 billion at Citigroup Global Markets in Great Neck, New York, and Stamford, Connecticut, has moved to Merrill Lynch.
The team is led by Frank Falco, who is based in Great Neck and was with Citi for 22 years.
The three other advisers, based in Stamford, are: Kevin Condon, who spent seven years at Citi and started his career as a portfolio manager; John Huber, who was with Citi for 15 years; and Alexandra Maksimow, who spent 10 years at Citi, first as a commercial banker, then in the private bank and then as a private banker to high-net-worth clients.
Catch-up contributions, required minimum distributions, and 529 plans are just some of the areas the Biden-ratified legislation touches.
Following a similar move by Robinhood, the online investing platform said it will also offer 24/5 trading initially with a menu of 100 US-listed stocks and ETFs.
The private equity giant will support the advisor tech marketing firm in boosting its AI capabilities and scaling its enterprise relationships.
The privately backed RIA's newest partner firm brings $850 million in assets while giving it a new foothold in the Salt Lake City region.
The latest preliminary data show $117 billion in second-quarter sales, but hints of a slowdown are emerging.
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.
