In this episode of The Ria Edge Podcast, the host David Armstrong interviews David Hefty, founder and CEO of $ 3.4 billion AUM Aum Management Aum. Hefty escaped closely by following a career trading trade on the floor of the Agoikago Trade Board, and instead began an independent wealth management firm shortly after the college….

A Florida Supervisory Jurisdiction office that manages more than $ 1 billion is moving to Ausdal financial partners from Osaic. The team consists of 15 councilors, including OSJ supervisors Richard Gerepka, who said the transition would better serve the needs of team clients. “We were looking for a partner who not only offers the resources…

TritonPoint Wealth, a registered investment adviser of $ 1.8 billion who went independent with Dynasty Financial Partners in 2023, has launched TritonPoint Partners, a sister Ria who will win advisory firms and Breakaways. The new unit is led by CEO Harold Hughes, who joins the institutional PNC Management Assets, where he served as a senior…

Raymond James has created two new high -level positions to strengthen it investment in private market Offer for customers of ultra high value. Broker/dealer hired Ken Novak for a new role as Chief of Private Strategy for the Private Customer Group and Anand Subramanian in a new post the main markets of private capital for…

Prudential has promoted the former president of his mediator/trader and corporate RIA ARM to lead his 2,800 force councilors Division, which Supervises approximately $ 60 billion in the customer's assets. Pat Hynes will officially become president of the councils of the insurer and the retail division on March 31. It takes work after running sales…

A team of financial advisers at Westlake Village, Calif., Has moved their business book to the LPL Financial. Townsgate's wealth management, which manages about $ 1.15 billion in customer assets, joins the Fargo Financial Fargo Financial Network, the Independent Bank/Trader's Independent Channel. Townsgate was founded in 2016 and mainly serves individuals of high net value,…

A Florida -based financial adviser pleaded guilty to his role in drafting tax shelters for clients (and fabricating tax returns to go along with him), demanding over $ 100 million in false discounts. Stephen T. Mellinger, a beach -based advisor, insurance seller and securities broker, pleaded guilty to the Mississippi Federal Court on charges of…

Many multi-generating wealth management businesses evolve from one generation to another, with each generation making its mark and helping to bring the firm to the next higher level. In this case, Bernie Drucker began in the world of life insurance in 1959, building a practice helping families find financial independence. Bernie's son, Lance, joined him…

One of the greatest concepts of evaluation is that it is liquid – as an average of rotation or a forecast of future value. In reality, rating is a photograph in time, much like a balance. It captures the value of a business or asset on a specific date based exclusively on financial data, market…

(Bloomberg) -Gara to open the market with multi-trillion private dollars-Retail investors is receiving a confusion, as a highly expected ETF by Wall Street Giants Street Corp. and Apollo Global Management Inc. It seems that it will start as soon as possible this week. SPDR SSGA APOLLO IG PUBLIC AND PRIVATE CREDIT ETF, which would trade…