With Kestra Private Wealth Services (PWS), Matt West and David Combs found a team of people with the experience and expertise to help them break away from the wirehouse space and successfully assist the team in launching Canton Wealth Partners in Roswell, GA
By Alex Padalka, FinancialAdvisor IQ – Kestra Private Wealth Services says it has nabbed a team of Merrill Lynch financial advisors.
Independent Firm Marriott Wealth Advisors Joins mFORCE Capital via Sanctuary Wealth’s Partnership Program
By Ali Hibbs, WealthManagement.com – One acquisition will bolster Sanctuary’s retirement plan offerings, while the other will add $150 million in assets under management in Arkansas.
By Ali Hibbs, WealthManagement.com – Sanctuary Wealth announced the acquisition of Marriott Wealth Advisors in Hot Springs Village, Ark., which will become a division of Sanctuary partner firm mFORCE Capital in Fort Worth, Texas.
By Meghan Seawell, AdvisorHub – Going independent is a big decision. For Adam Goldstein, it became a foregone conclusion. When the Arizona advisor – named Best-in-State Wealth Advisor by Forbes in 2020 – learned about LPL Financial’s new breakaway solution, Strategic Wealth Services, he knew he had found something intriguing.
By Cynthia Fernandez, FinancialPlanning – Sanctuary wealth signed a four-person ex-Merrill Lynch Wealth Management team that managed $1.22 billion in assets, according to the firm. Advisor Bradley Bruce, of the former Bruce Wealth Management Group at Merrill, founded mFORCE Capital in Fort Worth, Texas.
By Ross Snel, Barron’s – An advisor team that managed $1.2 billion at Merrill Lynch has left the thundering herd to establish an independent wealth management firm in partnership with Sanctuary Wealth. Led by Bradley Bruce, a veteran of nearly 33 years at Merrill, the four-person team has launched mForce Capital in Fort Worth, Texas. At Merrill, the group was known as Bruce Wealth Management Group.
By Deborah Aronson – Advisors choose to move from one wirehouse to another for a number of reasons, not the least of which is their turnkey nature and brand cachet. In the last few years, though, a new motivator has emerged: the desire to make an interim move before making the leap to independence.
By Deborah Aronson, WealthManagement.com – Wirehouse retire-in-place or sunset programs offer senior financial advisors access to their firms’ built-in succession plans and a pathway to unlocking liquidity, while next gen advisors stand to grow their asset base. But rather than just sign on the dotted line, next gen inheritors (and their senior partners) are hitting the pause button and striving to be more educated consumers.
