RBC Wealth Management announced that a Wells Fargo team managing $670 million has joined the firm in Westlake, Ohio.
The Clemens McHugh Financial Consulting Group includes advisers Cynthia McHugh, Matthew Clemens and Joseph Hudak, and staffers J. Barry Clemens and Diane Szabo.
McHugh has 31 years of experience and had been affiliated with Wells Fargo since 2005, according to her BrokerCheck report. Matthew Clemens began his career at Wells Fargo in 2006, and Hudak, with 34 years of experience, had been affiliated with Wells Fargo since 1994.
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.
"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.
It's the mega-RIA firm's third $1B+ acquisition in just three months.
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.
