A New Jersey team that managed $180 million in client assets at Cetera Financial Group has affiliated with LPL Financial and is aligning with another LPL firm, Bleakley Financial Group, LPL announced Thursday.
Amwell Ridge Wealth Management in Flemington was founded in 1996 by managing partner David Johnston. He and a team of four specialize in working with people 55 and older on preparing for retirement.
Johnston has 26 years of experience, according to his BrokerCheck profile, and had been affiliated with Cetera since 2020.
In a statement, Johnston explained the move as an effort to keep up with the challenges the firm faces.
“As our clients’ needs expand, regulatory landscape evolves, and technology advances, it’s vital we have a robust infrastructure to support these areas,” he said. “Our partnership with Bleakley Financial Group and LPL will bolster our wealth management, financial planning and investment operations.”
The bank has swiped three private banking veterans from BNY as the city climbs the ranks of America's fastest-growing wealth hubs.
Employee accounts, crypto trials and job cuts frame a pivotal year for the Swiss lender.
New name draws on founder's family history as consolidation reshapes the broker-dealer landscape.
Deal brings tech-focused planning expertise, expanded Pacific Northwest presence to national RIA platform.
Five low-cost index ETFs to anchor Trump Accounts as advisors weigh options against 529 and UTMA plans for clients
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
