Matt Kilgroe, whose team managed $1.2 billion at UBS in St. Petersburg, Fla., has launched Cyndeo Wealth Partners, a registered investment adviser.
The new firm, whose name comes from the Greek word “syndeo,” meaning “connect,” will custody at Fidelity and use the services of Dynasty Financial Partners.
Kilgroe had been affiliated with UBS since 2012 and earlier was with Merrill Lynch.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Survey finds AI widely embedded in research and analysis, but barely touching portfolio construction or trade execution.
Two firms land teams managing more than $1.1 billion in combined assets from Kestra and Edward Jones.
A private partnership, Edward Jones is a giant in the retail brokerage industry with more than 20,000 financial advisors.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
