Many advisors are betting rising taxes for the wealthy over the next couple years, and are bracing clients for such a possibility, looking at Roth conversions, earned income, capital gains, and charitable contributions.
M&T Bank, which will shift its brokerage and advisory business from its own subsidiary to LPL in 2021, is the largest financial institution to join LPL.
LPL Financial has recruited Keith Boyd, who manages $180 million in brokerage and advisory assets, to Gladstone Wealth Partners on its hybrid RIA platform.
The brother/sister duo leading Cornerstone Financial Planning have about $160 million in assets under management, and will join the independent broker/dealer from Securities Service Network.
Stephen Langlois will join Kestra after holding senior positions in Fidelity Investments and LPL Financial, and will report to Kestra Financial Inc. CEO James Poer.
The virtual conference will now be held Aug. 19 to 21 and will be free for all LPL clients.
The IBD brings over a father/son team that helps teachers navigate their 403(b) plan options, a retirement system laden with problems.
This is the latest development from busy programmers at both AdvicePay and MoneyGuide.
