Beau Jones, Chris Story, Taylor Roberts and Joseph Montgomery, who collectively managed $375 million at Raymond James, have gone independent and launched The Albany Group, which has affiliated with LPL Financial.
The group used LPL’s services for breakaway brokers.
The four managing partners were joined by operations manager Liz Yates and client service specialists Danita Shoulders and Stephanie Brock, LPL Financial said in a press release Tuesday.
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
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
