Lisa Quadrini, who managed $500 million at the private bank of Wells Fargo Advisors, has joined registered investment adviser Brandywine Oak Private Wealth in Kennett Square, Pennsylvania.
Brandywine Oak has $1 billion in client assets under advisement.
Quadrini will be working from Kiawah Island, South Carolina, as well as the firm’s Kennett Square office.
Quadrini joined Merrill Lynch in 1999 and worked with the Brandywine Oak team there 1999 to 2008. She joined UBS in 2008 and moved to Wells Fargo in 2016.
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.
