People

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.

Klein recently also joined wealthtech startup Fynancial as a strategic advisor.

Cubby Bice called the situation at Osaic broker/dealer SagePoint Financial “untenable,” leading to his decision to join LPL.

Global X is currently the 13th largest ETF issuer in the US by asset size, with about $43 billion across its suite of thematic funds.

Armitage, who was laid off from Thrivent as part of a larger reorganization of the wealth management business, will bring her expertise to wealth management CEOs.

A Kansas federal judge said there was some overlap between the litigation and arbitration against former Edelman advisors who left for Mariner, but it wasn’t “significant enough” to justify a pause in the case.

Oden left Schwab late last year after more than 30 years at the company.

The package for 62-year-old David Solomon includes a $2 million base salary and $29 million in variable compensation, with $20.3 million of that in the form of restricted stock units.

The move comes as individual investors hold about 50% of global assets under management—a figure that’s expected to rise to almost 70% by 2023,

In his new role as CEO of a nascent RIA and multifamily office within a bank-owned trust company, Hopkins hopes to fill a service gap he noticed during his time with Carson Wealth.