Downeast Private Wealth, an Auburn, Maine-based hybrid practice managing $170 million, has switched its broker-dealer affiliation and registered investment adviser platform from Investacorp, a unit of Advisor Group, to Arkadios Capital.
Downeast, led by Lena-Jo Hartley, was affiliated with Investacorp for almost 25 years.
The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
The high court's decision rebuffing Alpine Securities marks a setback for a broader challenge to Wall Street's reliance on self-regulatory organizations.
Arax acquires a boutique firm's $4 billion RIA business in Michigan as Steward Partners continues its Southwestern expansion.
Wealth management is a key focus for a new service tier.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
