The retirement plan consulting practice of Gallagher, a large insurance and consulting firm, has switched its broker-dealer affiliation from Kestra to the Triad Advisors unit of Advisor Group.
At the end of last year, Gallagher Fiduciary Advisors, the hybrid’s registered investment adviser, had more than 90 advisers, managed $6.3 billion on a discretionary basis and served as a consultant on $76.1 billion in assets.
The hybrid is based in Elmhurst, Illinois.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
The collaboration will give RIAs yet another access point into the alternatives space through a new unified managed account capability.
A drop in interest rates and easier access to capital has reignited appetite among private equity-backed consolidators, who accounted for 53% of RIA deals so far this year- their highest share since 2021 according to DeVoe & Company.
"Unless he has to leave for fraud".
Hardliners give way to pressure to approve consideration of bills.
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.
