Nautica Wealth Advisors, a hybrid managing $250 million in San Diego, has returned to LPL Financial’s broker-dealer and corporate RIA platforms after being affiliated with Cetera for three years. The firm will also use LPL as its custodian.
The firm and two of its lead advisers — Mike Lerner and Steve Lerner — had been affiliated with LPL for 12 years when their office of supervisory jurisdiction moved to Cetera. At the time, the firm’s third lead adviser, Jayne Byrne, had been affiliated with LPL for 31 years.
As other states curb non-competes, the East Coast growth hub could soon become the most employer-friendly jurisdiction in the US.
Last summer, the two, David Gentile and Jeff Schneider, were found guilty of fraud in federal court in Brooklyn and received their sentencing today.
Early parenthood linked to lower fulfillment and fewer leadership roles, despite otherwise strong industry-wide support.
“It's the Golden Age, we're all blessed that this is where we are, what we do for a living, and that the sun is shining on the transition towards the RIA space," Creative Planning CIO Jamie Battmer said at a forum hosted by Goldman Sachs.
Strategists expect municipal bonds to best Treasuries during the four-month window from May until August, following a historical trend.
From direct lending to asset-based finance to commercial real estate debt.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
