Gena Barbato, Beth Woodward and Daniel Kundla, who managed $215 million at UBS Financial Services in Atlanta, have gone independent and affiliated with LPL Financial through Gladstone Wealth Partners, an office of supervisory jurisdiction.
The woman-led team, Platinum Wealth Management, is based in Atlanta’s Buckhead community. Barbato and Woodward have worked together since 2001 and merged their business 16 years ago. Kundla joined the team in 2016 as a college intern.
The Merrill Lynch defectors expand RBC's reach in Texas while LPL bolsters its New York presence.
Separately, Cleveland Fed President Beth Hammack said the central bank could make a move by June if data show a clear economic trajectory.
After onboarding 26 new advisors in the first three months of 2025, the independent wealth platform is looking forward to continued momentum in Q2.
The SEC hailed the verdict against the investment advisor, who the agency said breached his fiduciary duty to retired and pre-retiree clients.
As Robinhood bets on prediction markets, advisors are skeptical of the app's push into the RIA custody and wealth management services.
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.
