&Partners has added Principality Private Wealth, an Arlington Heights, Illinois-based advisory practice overseeing approximately $1 billion in pre-hire assets under management.
The team, previously with Wells Fargo, is led by partners Andrew Buchta, Charles Collins, and Nicholas Bova and is supported by Katie Buchta, Mary Bronton, Brian Kotowski, Jennifer Hernandez, Ryan Seth, and Kate Buxton.
The move adds to the rapid growth of &Partners, which has expanded to 115 advisor practices representing approximately $56 billion in pre-hire assets. The firm has attracted teams from Ameriprise, Commonwealth Financial Network, Edward Jones, Merrill Lynch, Raymond James, UBS, and Wells Fargo Advisors.
Meanwhile, MCF Advisors, a Lexington, Kentucky-based registered investment advisor, has acquired Hoff Bujnoch & Associates, a Newport, Kentucky wealth management firm with approximately $250 million in assets under management.
The acquisition strengthens MCF’s presence in Northern Kentucky and adds to its financial planning and wealth management capabilities.
Led by Digger Bujnoch, Hoff Bujnoch & Associates operates with a planning-led, relationship-focused model. Bujnoch joins MCF as senior financial advisor and partner, and his full team will transition to the firm.
MCF, founded in 2004, oversees $4.68 billion in assets as of March 31, 2026.
Finally, Janney Montgomery Scott has also expanded its advisor roster, welcoming Shane Kelly to its Darien, Connecticut office as first vice president of wealth management.
Kelly joined from Oppenheimer and oversees more than $120 million in client assets. He brings 14 years of industry experience and provides clients with financial planning, investment management, retirement planning, and wealth preservation strategies.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
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
