LPL Financial on Monday said it had recruited a three-person team of financial advisers that will work in a new office in Charlotte, North Carolina. Winget Benton Wealth Management is comprised of advisers Al Winget, Rob Benton and Andrew Robson, ...

A three-adviser team managing $1 billion at Wells Fargo Advisors has joined Ashton Thomas Private Wealth and have opened an office for the firm in Helena, Montana. The three advisers are Scott Knutson, Michael J. Wong and Martin J. Lewis. ...

Kenneth Welsh, a former broker and investment adviser, was arrested Thursday at his home in River Edge, New Jersey, for stealing more than $2.8 million from five clients to pay for his gambling and to buy personal luxury items. Welsh ...

The wirehouse world historically has wanted next to nothing to do with registered investment advisers, who have been siphoning off leading teams of wirehouse financial advisers for decades. RIAs are the direct competitors to wirehouses, which have the wealthiest clients ...

As it proceeds with its overhaul of various business lines involving financial advisers, Wells Fargo Advisors continues to shed advisers. On Thursday, it reported 12,552 financial advisers under its roof. That’s a quarter-over-quarter head count decline of 267, or 2.1%, ...

Guy Rodgers, whose practice at Wells Fargo Financial Advisors Network managed $175 million, has affiliated with LPL Financial and will use its broker-dealer and corporate registered investment adviser platforms. Rodgers, an attorney who began his securities career in 2008 at ...

What’s a wirehouse worth? That question was the topic of recent speculation by InvestmentNews senior columnist Bruce Kelly, who came up with a valuation of roughly $20 billion for Wells Fargo Advisors.   A call by Sen. Elizabeth Warren, D-Mass., to ...

Twenty-one financial advisers managing more than $3.1 billion joined Janney Montgomery Scott during the third quarter, with most of the new arrivals coming from Truist, Wells Fargo Advisors and Merrill Lynch. Two teams and two solo advisers joined from Truist, ...

Lindsey D. Rhea, who managed $260 million at Wells Fargo Advisors Financial Network as Alia Wealth Partners, has affiliated with LPL Financial and will use its corporate registered investment adviser and custodial platforms. Based in Germantown, Tennessee, Rhea had been ...

Sean Khaligh, who managed $170 million at Wells Fargo Advisors, has affiliated with LPL Financial through The Financial Services Network, one of LPL’s large offices of supervisory jurisdiction. Khaligh, who started at Wells Fargo in 2007, has formed EQ Private ...