A team of advisors that oversaw $1.2 billion in client assets at Lincoln Financial Group has joined Commonwealth Financial Network.
Jacksonville, Florida-based Aegis Consulting includes principals Michael Cirino and Alexander Harrison, along with 11 advisors and support staff. The advisors are Bruce Chadbourne, Cindy Deavel, Stuart Farb, Hayley Gregory, Rebecca Kaufman, Taylor Lloyd, James Neel, Nathan Rogero, Bruce Schilling, Michael Sullum and Walter Williams.
Cirino has 38 years of experience, according to his BrokerCheck report, and had been affiliated with Lincoln Financial Advisors since 1998. Harrison has 24 years of experience and had been affiliated with Lincoln since 1999. According to a statement, the members of the team have an average of 24 years of experience.
“While our bias was to stay where we were, after an extensive due diligence process, it was clear that Commonwealth was the best choice for our clients, advisors, and staff,” Cirino said in the statement. “We don’t need to reinvent the wheel — we just want to make the wheel better, and Commonwealth gives us the ability to do that and run the business the way we want.”
Harrison noted that Aegis Consulting aims to grow nationally, “and we are in a better position to do that with Commonwealth.”
The leadership changes coming in June, which also include wealth management and digital unit heads, come as the firm pushes to offer more comprehensive services.
Strategist sees relatively little risk of the university losing its tax-exempt status, which could pose opportunity for investors with a "longer time horizon."
As the next generation of investors take their turn, advisors have to strike a fine balance between embracing new technology and building human connections.
IFG works with 550 producing advisors and generates about $325 million in annual revenue, said Dave Fischer, the company's co-founder and chief marketing officer.
Five new RIAs are joining the industry coalition promoting firm-level impact across workforce, client, community and environmental goals.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.