Adam Hutchinson and Robert Gibbs, who managed $215 million at Morgan Stanley, have gone independent and affiliated with LPL Financial through River Edge Wealth Partners, an office of supervisory jurisdiction on the LPL platform.
The two will be based at River Edge’s office in Redbank, New Jersey.
"Together, Hutchinson and Gibbs bring over 27 years of experience to the Red Bank, N.J.-based River’s Edge group," LPL Financial said in a press release Thursday.
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.
