Garth Allan, who managed $220 million at Wells Fargo, has joined the Newport Beach, California, office of UBS Wealth Management.
Allan, who had been with Wells Fargo for 11 years, makes the move with his service associate Catherine Rusk. Earlier, he spent four years with Edward Jones.
In his practice, Allan focuses on delivering personalized investment planning and comprehensive wealth management advice to high-net-worth and ultra-high-net worth clients, UBS said in a press release.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
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
