Nandi Gunning, who managed $430 million at Morgan Stanley, has joined The CMW Group, a trio of advisers at Merrill Private Wealth Management in San Francisco that manages $2.5 billion in client assets.
The CMW Group also has an office in Columbus, Ohio. Its other advisers are Anthony Canini, John Myers and Andrew Wages.
Gunning spent eight years with Morgan Stanley. Earlier, she was a principal consultant at a global consulting firm and a senior equity analyst for a single-family investment office in San Francisco. She started as an auditor at PriceWaterhouseCoopers.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
