A team of advisers managing $300 million that had been affiliated with MassMutual has joined Cetera’s branch community, Cetera Investors, the firm announced Tuesday.
Skafco, based in Dublin, Ohio, is led by Rod Skaf and Wayne Niles.
Skaf splits his time between Dublin and Dallas. He has 25 years of experience, according to his BrokerCheck report.
Niles, who has more than 33 years of experience, focuses on investment management.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
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
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