The retail securities operation of Virginia Credit Union, whose five advisers manage more than $335 million, has switched its affiliation to Ameriprise Financial from CUNA Brokerage Services.
As part of the change, the unit has changed its brand name to VACU Investment Group, Ameriprise said in a press release.
The five VACU advisers are Randolph Tate, Elnetta Burke, Karl Tweardy, James Collins, and Joel Marks.
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
Also, CAPTRUST adds a $300 million planning team from Sanctuary in its home market of Raleigh, and Sequoia Financial Group buys a Boulder family office.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
