Murphy, former CIO at Goldman Sachs Personal Financial Management, will be Kestra’s first chief investment officer and will build a team to bring research, investment strategies to its 2,400 financial advisors.
The mergers, acquisitions and advisor moves you may have missed the week of June 21 to 25, 2021.
The firm is the latest charged with failing to oversee reps who recommended early rollovers of unit investment trusts (UITs) that left clients saddled with higher sales charges.