MGO Investment Advisors, a Beachwood, Ohio-based registered investment advisory firm, has merged with One Seven, an RIA firm whose co-founder, Ron Gross, was MGO’s president and CEO.
The combined firm, MGO One Seven, which Gross will continue to lead, manages $2.74 billion.
New York-based Merchant Investment Management said in a press release it has made a minority, non-controlling investment in the firm.
Jim Walesa worked in the securities industry for 39 years before leaving in 2021.
Also, SEI names LPL’s Kristie Edling-Day as CIO, TD Bank U.S. taps Hardeep Walia to lead wealth, and BMO adds an Illinois regional president
FINTRX data shows 342 company transactions in the quarter, with wealth management consolidation driving nearly one in seven deals.
State regulators secure $4.4 million from two broker-dealers over unreasonable charges on small-dollar retail equity trades.
New F&G survey finds most pre-retirees are delaying or redesigning retirement, creating fresh planning opportunities for financial advisors.
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
