Gary T. Guglielmo, a Morgan Stanley rep for 20 years, was fired by the firm Monday after being charged with aggravated stalking and obstructing justice/witness tampering, both felonies.
The Boca Raton, Florida, resident also was charged with contempt of court for violating an injunction that provided protection to his ex-girlfriend, who had accused him of domestic violence, a misdemeanor. He had been arrested last week on suspicion of stalking his ex-girlfriend.
Guglielmo, who began his securities career in 1997, was released on $15,000 bail and is scheduled to return to court on Sept. 29, according to court records.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
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
