Two Hartford, Connecticut-area hybrid advisory firms, ClearGuidance Financial and Gottfried & Somberg Wealth Management, will merge and operate under the Gottfried & Somberg Wealth Management name. Jointly, the firms manage $1.4 billion in assets.
Both ClearGuidance Financial, a woman-owned firm based in Farmington, Connecticut, and Gottfried & Somberg, based in Glastonbury, use Commonwealth Financial Network as their broker-dealer.
Gottfried & Somberg was founded in 1999 by Joshua Gottfried and Matthew Somberg. ClearGuidance was founded by Barbara Taylor and Terran Titus.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
Celebrity endorsements, $500M in claimed assets, and a state regulator stepping in.
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
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
