Former UBS advisor Matt Kilgroe, who advises sports and entertainment professionals, has left the brokerage to launch his own firm, Cyndeo Wealth Partners.

The partnership with Bain Wealth Management, a $100 million RIA in Salem, Ore., provides a good example of Carson Group’s strategy.

The firm has added talent over the past several months to build out its employee channel, premium affiliation model and advisor training program.

The brokerage has recruited a team from UBS, with $650 million in AUM, and one from Merrill Lynch, with $220 million, this week.

The individual will be responsible for relationship building and P&L for LPL’s new W-2 affiliation model, seeded by the acquisition of Allen & Co.

Chain restaurants have shuttered 500 locations year-to-date in 2020, reports Business Insider. Silicon Valley apartment rents plunge, according to the San Francisco Chronicle. These are among today’s must reads from around the commercial real...

The four-person team led by father and son Nick and Bryan Garris has left UBS and set up shop in Calabasas, Calif.

Lack of knowledge increases uncertainty and stress—
unfortunately, many education programs aren’t helping.

The bank plans to start returning traders and others who can’t work from home to offices in July.

Switzerland’s second-largest bank plans to reshape how it lends to billionaire clients at the international wealth management division, especially loans that are backed by hard-to-sell assets.