The Opus Group of Virginia, a hybrid managing $150 million in Virginia Beach, has switched its broker-dealer and corporate registered investment adviser platforms from MML Investors Services to LPL Financial.
The firm, headed by Forrest Williams Jr., had been affiliated with MML Investors Services for 27 years.
See more adviser moves in InvestmentNews' Advisers on the Move database.
Fraud losses among Americans 60 and older surged 43 percent in 2024, led by investment schemes involving crypto and social manipulation.
The alternatives giant's new unit, led by a 17-year veteran, will tap into four areas worth an estimated $60 trillion.
"It's like a soap opera," says one senior industry executive.
The latest annual survey from EBRI and Greenwald Research sheds light on anxieties around living costs, volatility, and the future of federal income support in retirement.
It's a showdown for the ages as wealth managers assess its impact on client portfolios.
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.
