A 12-person team, including five advisers who managed $1.8 billion at UBS, has joined Venture Visionary Partners, a Toledo, Ohio-based registered investment adviser. The addition brings total staff at Venture to 28 and assets under management to $3.7 billion.
The advisers joining VVP partners are Robert S. Loeb, James J. Porea, John D. Spengler, Bradford G. Dolgin and Craig A. Warnimont.
Venture Visionary Partners was founded last year by Craig Findley, himself a breakaway broker from UBS. The firm uses Charles Schwab as its custodian and is a member of Dynasty Financial Partners.
See the latest Advisers on the Move here.
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
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"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
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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.
