Industry

Meketa’s new RIA-focused private investment platform has a new capital partner, while Cetera and Snowden Lane both announced deals and SEIA hired a new head of wealth transfer.

The bank is seeking a temporary restraining order against Matthew D. Sitarski, alleging he accessed client information, violated contractual agreements and lured away clients with nearly $4 million in assets.

Wintrust will move two businesses and 85 advisors to the LPL Institution Services platform from Wells Fargo.

Also, Advzyon and Apex announce integrations and AssetMark boosts it 2024 tech budget by $15 million.

In a newly created position, Erik Karanik will oversee growth across Wells Fargo Advisors Financial Network and First Clearing.

Kingswood now has until March 15 to complete its merger with broker/dealer aggregator Wentworth.

The capital will be used to pursue organic and acquisition-based growth globally.

Pettinelli Financial Partners is the latest of several firms leaving Osaic this month.

The $1.5 billion firm launched its 1099 platform earlier this month after months of preparation. WhiteCliff Wealth Management CEO Robert Seiden is the first advisor to come on board.

The Advisor Sentiment Index, relaunched in January, suggests financial advisors are much more optimistic about the state of the stock market than they are about the broader economy—though most expect the economy to catch up over the next year.