Wealth Management industry news covering the financial markets, trends and wealth professionals.
Stay up to date with Wealth Management news and trends through our free Morning Memo e-newsletter. Join today.
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.
There’s a large diversity gap in asset management, The Oakley Group joins Raymond James’ Pinnacle Asset Management and David Kutcher is suing a client for defamation.