A team of eight advisers managing $440 million has switched affiliations from Royal Alliance, which is part of the Advisor Group, to LPL Financial.
The Pittsburgh-based team, known as the Monteverde Group, began 51 years as a solo insurance practice headed by James Monteverde.
Monteverde continues to lead the firm along with partners Craig Shensa, Dan Martin and Wendy Asterino.
Federal prosecutors say the scheme used fake investment accounts and a fictitious financial advisor to lure victims into romance-fueled fraud.
Morgan Stanley sought to claw back recruiting bonus money from Darryl Cohen.
Referrals from centers of influence may open the door, but the real key to success for advisors comes from clarity about their ideal clients and where they want to show up.
Three advisor groups overseeing more than $700M in combined client assets head to new firms.
New research finds most Americans fear a US retirement crisis, while skepticism grows toward AI financial advice and crypto in retirement plans.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
