A team that managed $1.4 billion in client assets at Merrill Lynch has joined RBC Wealth Management in Florida.
The Glasband Stempel Wealth Management Group includes five advisers. Eric Glasband has 18 years of experience and had worked at Merrill Lynch since 2010, according to his BrokerCheck record. Jonathan Stemple has 19 years of experience and also had worked at Merrill since 2010.
Justin Hanlon had worked at Merrill since 2008 and has 17 years of experience; Matthew Kutner, who also has 17 years of experience, joined Merrill in 2011; and, Ryan Burke joined Merrill in 2016.
Glasband, Stemple, Hanson and Kutner will work in RBC’s Boca Raton office, while Burke will work in RBC’s Palm Beach Gardens office, according to RBC's press release.
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.
