Jonathan Connolly, previously a managing director and head of trust at Wealthspire, will serve as president of the new trust company.
Stifel had the highest satisfaction score among employee advisors, while Commonwealth took the top spot among independents, according to J.D. Power’s latest ranking.
Valued at $4.5 billion, the technology behemoth to advisors will be taken private with minority stakes from key strategic partners.
Rock House Financial, which works with business owners, women and social media influencers, manages $272 million in assets.
C&J Wealth represents Modern Wealth’s ninth acquisition in the last 14 months and provides a foothold in the South.
The annual survey finds that only 46% of independent advisors strongly feel their firms are moving in the right direction, an 8% drop year over year.
Open, honest and candid discussion about the job market, private equity in DC plans, Fi360's annuity tool and more.
But the pace of declines is beginning to slow down as many passive funds are already charging only a few basis points.
