Indie team managing $172 million leaves Mid Atlantic Capital

Two-adviser team in Canton, Ohio affiliates with Ameriprise.
OCT 25, 2017

Jack Elgin and Neven Zelich, who managed $172 million as independents affiliated with Mid Atlantic Capital Corp., have joined the franchise channel of Ameriprise Financial. The team, based in Canton, Ohio, includes a paraplanner and two assistants. Mr. Elgin, who began his securities career at Merrill Lynch in 2000, joined UBS in 2004 and affiliated with Mid Atlantic in 2010. Mr. Zelich joined Merrill Lynch in 1990 and moved with Mr. Elgin to UBS in 2004 and to Mid Atlantic in 2010.

Latest News

Trump account confusion is widespread among parents — and advisors have an opening
Trump account confusion is widespread among parents — and advisors have an opening

Only 7% of U.S. parents are "very confident" they understand how the Trump accounts work, says Omni Calculator

Receiver sues to recover alleged Traders Domain Ponzi profits
Receiver sues to recover alleged Traders Domain Ponzi profits

One transfer alone came to $5.6m, and the receiver says none of it was real profit.

SEC accuses S2A Modular founders of alleged $65 million investor fraud
SEC accuses S2A Modular founders of alleged $65 million investor fraud

Investors chose which factory to fund - the SEC says the money went elsewhere.

Ameriprise gets narrow relief from FINRA panel in latest recruiting dispute with LPL
Ameriprise gets narrow relief from FINRA panel in latest recruiting dispute with LPL

Ameriprise and LPL Financial for the past few years have engaged in a financial advice trade war.

Am I stuck? Rethinking career mobility at every stage
Am I stuck? Rethinking career mobility at every stage

Why advisors at every stage may have more leverage, flexibility, and strategic options than they realize.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income