Edward Prewitt, a 20-year veteran of Wells Fargo Advisors and its predecessor, A.G. Edwards, is being pressed for information about Hunter Biden and the Biden family’s foreign business deals by the House Committee on Oversight and Reform.
James Comer, R-Ky., the ranking committee member, is calling on Prewitt to provide all documents, communications and information related to suspicious activity reports that were triggered by actions of Hunter Biden, other family members and associates, according to a release by the committee.
Prewitt, a former Clinton Administration political appointee, advised Hunter Biden on financial transactions when U.S. banks were flagging suspicious activity by the Biden family.
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
