Patrick Gingras, who co-founded Brenton Point Wealth Advisors, an RIA firm with offices in New York and Madison, Connecticut, has joined MAI Capital Management as a regional president and senior managing director.
Gingras, who will be based in Madison, brings with him managed assets of $725 million.
MAI, based in Cleveland, Ohio, manages $12.2 billion.
Federal prosecutors say the scheme used fake investment accounts and a fictitious financial advisor to lure victims into romance-fueled fraud.
Morgan Stanley sought to claw back recruiting bonus money from Darryl Cohen.
Referrals from centers of influence may open the door, but the real key to success for advisors comes from clarity about their ideal clients and where they want to show up.
Three advisor groups overseeing more than $700M in combined client assets head to new firms.
New research finds most Americans fear a US retirement crisis, while skepticism grows toward AI financial advice and crypto in retirement plans.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
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
