Michael Halvorsen and his son Joseph Bates have formed MRK Wealth Advisors, a Doylestown, Pennsylvania-based wealth management firm that will specialize in serving executives in the pharmaceutical industry.
MRK Wealth Advisors will use the broker-dealer and registered investment advisory platforms of Summit Financial, a Parsippany, New Jersey-based hybrid managing $3.4 billion.
Halvorsen and Bates formerly were affiliated with Asset Planning Services, a registered investment advisory firm in Harleysville, Pennsylvania.
See the latest Advisers on the Move here.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
Celebrity endorsements, $500M in claimed assets, and a state regulator stepping in.
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
