Three registered representatives who collectively advised on more than $200 million in assets at their former firms have joined Virginia Asset Group, a regional investment firm headquartered in Virginia Beach, Virginia.
Bruce McCook managed about $60 million at VCB Financial Group in Richmond, Virginia. Ed Pittman managed $120 million at VCB Financial Group in Northern Neck, Virginia and is now based in the Virginia Asset Group’s White Stone office. Tom Russell joined the firm from Merrill Lynch in Hunt Valley, Maryland.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
