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.
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"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.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
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.
