Five advisers who managed more than $2 billion at J.P. Morgan Private Bank in Denver have joined Cresset Asset Management, a registered investment advisory firm whose Chicago-based parent manages more than $15 billion.
The advisers are Kevin McGuire and Jake Schwinn, who both had worked at J.P. Morgan since 2009, Dan Biondi, who had worked at J.P. Morgan since 2015, Vanessa Ramich and Sarah Burney.
[More: Cresset acquires Texas RIA]
With over 600 clients, the $71 billion RIA acquirer's latest partner marks its second transaction in Oklahoma.
Also, wealth.com enters Commonwealth's tech stack, while Tifin@work deepens an expanded partnership.
Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.
The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
