Quovo Raises $4.75M; Carson and Bicknell Among Backers
Investors include Steve Lockshin of Betterment Institutional, Ron Carson of Carson Wealth and Marty Bicknell of Mariner.
LPL Financial Expands HNW Push
The IBD rolls out consulting and other services after moving to restructure its Fortigent business.
LPL Names Arnold to President's Slot
He replaces Robert Moore, who is joining an advisory firm in Chicago.
LPL Defends $9M Fortigent Restructuring
The reorganization, whose cost includes $4.5 million in severance packages, will bring "innovation and efficiency" to LPL's HNW offerings, an executive said.
What Advisors Can Learn From Software Makers
Advisors can learn something from robo-advisors, too, says Fortigent CEO Jamie McIntyre.
New Hire Roundup: Sonnenberg Joins Glassman Wealth Services
Also this week in personnel announcements and new hires, Tony Leonard joined OneAmerica.
New Hire Roundup: Collins Named as TDAI’s Head of Advisor Transitions
Also this week in new hires, John Mastal joined Convergent Wealth, and E. Thomas Johnson Jr. went to Retirement Clearinghouse.
LPL Trust Unit Aims to Boost Sales, Hires
The Cleveland-based Private Trust Co. has added two executives and plans to work more with independent advisors affiliated with LPL.
LPL Adds 223 Advisors as Profits Drop 13%
In a repeat from last quarter, LPL Financial reported that quarterly profits were down although revenues were up.
When Bad Things Happen to Good Portfolios—and What to Do About It
Is there a better way? Can the divide between Eugene Fama and Richard Thaler be bridged?