The firm says it will not be a custodian for all; rather, it will target RIAs serving HNW and UHNW clients in need of bespoke investments and the trading chops of its global markets division, which will house the new business unit.
White, who oversaw the transformation of LPL Financial's tech stack, will not retire from the industry, as announced in August. Instead, he's joined Carson Group as chief strategy officer and will also sit on the firm's executive board.
With its deal to acquire Oakbridge Partners, Homrich Berg doubles down on its market position in Atlanta. It also brings the firm into the M&A market for $1 billion-plus RIAs.
Katherine Forrester Schneewind left a country music career behind to follow her dream of becoming a financial planner so she could help others take control of their financial destinies. In 2019, after building the practice to $500 million in AUM...
Envestnet's 2021 Advisor Summit and Informa Connect's RIA Edge are among the first Choir Certified and Inaugural Partner conferences: those working toward raising the visibility of women, nonbinary people and people of color onstage.
The commission argued Pennsylvania-based Ambassador Advisors breached its fiduciary duty by investing client funds in mutual fund share classes with 12b-1 fees when more affordable options were available.
Under the opt-in program, an advisor agrees to contribute a portion of their revenue, typically between 10% and 20%, in exchange for upfront cash and equity in Merchant-backed Private Advisor Group.
