WealthManagement Edge

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.

Brian Andrew, the recently appointed chief investment officer at Merit Financial Advisors, provides a peek inside the $10 billion RIA’s model portfolio.

Nick Kochanski, CFO and senior client advisor at $4.5 billion AUM Crescent Grove Advisors, uses advances in technology to look at client and firm data in news ways to drive growth.

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

The RIA has brought on Gün Keresteci, former global head of finance at McKinsey.

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.

Currently with another small RIA in San Diego County, federal filings indicate the team intends to offer asset-based, fixed-fee and hourly services.