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.
As other states curb non-competes, the East Coast growth hub could soon become the most employer-friendly jurisdiction in the US.
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.
Elsewhere, Raymond James adds two advisors from Edward Jones and LPL, forming an LGBTQ+ focused practice in New Hampshire.
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.
