Three advisers managing $370 million have left the employee channel of Wells Fargo and affiliated their new hybrid firm, Broadway-Graham Wealth Partners, with LPL Financial.
The Springfield, Ill.-based firm will use LPL’s broker-dealer and corporate registered investment adviser platforms through the Private Advisor Group, one of LPL’s largest offices of supervisory jurisdiction.
The three advisers — Shane Adkins, Zach Bromley and Jay Cole — have been joined by Kelly Behl and Rachel Carter, who provide operational support.
By listening for what truly matters and where clients want to make a difference, advisors can avoid politics and help build more personal strategies.
JPMorgan and RBC have also welcomed ex-UBS advisors in Texas, while Steward Partners and SpirePoint make new additions in the Sun Belt.
Counsel representing Lisa Cook argued the president's pattern of publicly blasting the Fed calls the foundation for her firing into question.
The two firms violated the Advisers Act and Reg BI by making misleading statements and failing to disclose conflicts to retail and retirement plan investors, according to the regulator.
Elsewhere, two breakaway teams from Morgan Stanley and Merrill unite to form a $2 billion RIA, while a Texas-based independent merges with a Bay Area advisory practice.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.
