A pair of advisers who manage $360 million in assets in Woodland Hills, Calif., is switching its affiliation from UBS to Raymond James & Associates, the firm’s employee channel.
Charles Isaacs and David Paller operate as Isaacs & Paller Wealth Management. Their team includes adviser Thomas Rockel and a client service associate, Stella Llamas.
Isaacs started at EF Hutton in 1986 and spent 22 years at Smith Barney. He had worked at UBS since 2008.
Paller had worked at UBS for more than 11 years, and earlier spent four years at Merrill Lynch.
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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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.
