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The acquisition will bring LPL as much as $285 billion in AUM and 2,900 advisors when it closes in the second half of the year.

Kimberlee Cornett is the director of impact investments at the Robert Wood Johnson Foundation.

Byron Storms has served as president and CEO of Aspire General Insurance Services and Aspire General Insurance Company since August 2015. Prior to joining Aspire General Insurance, he was the president of property & casualty at National General Management Corp from 2012 to 2015. From 2007 to 2012, Storms was president and CEO of ClearSide General Insurance Services, LLC, which was acquired in November 2011 by National General. Storms has a proven track record of assembling strong teams, integrating and implementing technology solutions that create core operational strength, and supporting effective growth.

Also this week, Ameriprise CEO James Cracchiolo sees a 12% bump in compensation in 2024 and new LPL CEO Rich Steinmeier also sees a hefty pay bump.

Wage growth for job-hoppers is on the decline, but financial advisors say that might be a good thing for long-term retirement savings.

As group president of Envestnet Solutions and co-chief investment officer at Envestnet, D'Auria is responsible for research, overlay, direct indexing, sustainable investing and retirement services.

Evan Croen is head of Bloomberg Tax & Accounting.

Call wait times are expected to worsen as staff cuts grow, but financial advisors say there are ways to help clients dealing with the frustrating situation.