Rosemont Financial Group, an Albany, New York hybrid managing $900 million, has switched its broker-dealer affiliation from Cambridge Investment Research Advisors to LPL Financial. Rosemont also will use LPL’s corporate RIA and LPL as its custodian.
Rosemont was created in 2010 and now consists of 11 financial advisers.
Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
'Nostradamus' real estate entrepreneur accused of misleading investors on social media despite SEC's objections.
LPL loses another institutional client as Cetera adds a $160 million win to its credit union partnership streak.
Meanwhile, the bank is also investing in technology for its financial advisors in the United States.
The Jack Bogle-founded firm is looking to apply its famed dual-share class structure to actively managed strategies.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
