Terry Heinrichs and Ryan Behling, who advised on $400 million in assets at Merrill Lynch, have gone independent and affiliated with Sanctuary Wealth. The team, now known as 18Forty8 Private Wealth, is based in Madison, Wisconsin.
Heinrich and Behling had spent their entire advisory careers with Merrill Lynch, the former beginning in 1994 and the latter in 2005.
They are joined in the move by their two associates, Regina McGinn and Rebecca Reller.
Integrated Partners is adding a mother-son tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
Financial advisors remain vital allies even as DIY investing grows
A trade deal would mean significant cut in tariffs but 'it wont be zero'.
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.
