Focus Financial Partners has launched a multifamily office, Beryllus Capital, in a joint venture with Hinduja Group, a diversified Indian conglomerate.
Beryllus, which will have offices in London, Geneva and Singapore, was co-founded by Amit Kotha, former head of RBC Wealth Management’s enterprise strategic clients business in London.
Last year, Focus expanded its footprint to Australia with the acquisition of Melbourne-based Mediq Financial Services, a firm with a niche of serving members of the medical profession.
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
