AXA Equitable Holdings, would have more than $600 billion of assets under management which will come from two existing American channels, AXA Equitable Life and AllianceBernstein.
Professional Investors Network, a super OSJ with 70 advisors and $1.7 billion in client assets, has left National Planning Corporation, one of NPH’s b/ds.
CEO Greg Luken has decided not to affiliate with LPL Financial, which recently acquired NPH, and instead has consolidated assets and operations under his registered investment advisor, which custodies primarily with TD Ameritrade.