Louisville, Ky.-based brokerage Hilliard Lyons has recruited former Merrill Lynch advisor Drew Becker.
Becker, an industry veteran who has been at Merrill Lynch in Ohio since 2006 according to FINRA's records, previously managed $29 million in client assets.
Becker will be joining Hilliard Lyons' Fort Mitchell, Ky., branch.
A spokesperson for Hilliard Lyons was not available for comment by press time on Friday.
Despite ongoing concerns over geopolitics and more, many advisors said they would increase allocations to foreign equities over the next few months.
Michael Outlaw, the recently named president of Rockefeller Global Family Office, says family offices are defined more by the services they offer than by their relationships with wealthy families.
The partnership between the long-established bank and the fintech brokerage will handle the development of the government-owned account platform behind the new government-seeded retirement accounts for children.
FINRA and consumer advocates are raising alarms about online scams that are driving fraud losses into the hundreds of billions of dollars.
The Trump DOL has said it "has no current plans" for further rulemaking, but that contradicts its own notice of potential regulation last year.
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