Emigrant Partners hopes for growth with strategic hires, team expansions

New opportunities for wealth and alternative asset managers is the focus of Emigrant Partners, and the firm is aiming for new growth with the expansion of its headcount. The specialist capital and strategic advice provider to RIAs has announced that Jason Ehrlich has joined as managing director and head of...

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Illinois advisor moves $230M practice to LPL from Wells Fargo

LPL Financial has attracted an advisor with around $230 million in advisory, brokerage and retirement plan assets to its broker-dealer, RIA, and custodial platforms. Blake Mier of Mier Financial, based in Bloomington, Illinois, was previously with Wells Fargo Advisors Financial Network but decided to make the switch to gain greater...

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Pimco’s $10B inflows was shining light in Allianz earnings

Allianz SE reported a third-quarter profit that beat analysts’ estimates as its giant bond manager Pacific Investment Management Co. continued to attract new money. Group operating profit fell 15% to €3.47 billion ($3.7 billion), better than the €3.26 billion analysts had expected. Pimco attracted €10 billion from outside clients in...

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