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Heather Kelly, CLU, ChFC, RHU, HIA, MHP, the former head of RIA distribution at Allianz Life, has launched Mosaic Advanced Planning, LLC, which will help advisors integrate risk management and insurance into their practices.

Sanctuary Wealth’s broker/dealer subsidiary will pay $150,000 to settle #FINRA allegations that it fell short when developing and testing an anti-money-laundering (AML) program that complied with federal law.

Carnegie Private Wealth, a more than $1 billion RIA that is part of LPL Financial's supported independence channel, has hired four new advisors about two years after the founders left Wells Fargo Advisors in March 2023. Financial advisor James E. Larsen, CFP® has joined Carnegie, which is part of LPL Strategic Wealth, after more than 23 years with Wells Fargo. The Edward Jones departees include Seth Miller, who had been with the broker/dealer for more than 13 years, Kevin Lewis, who had been with the broker/dealer for more than 10 years, and Lucas Decker, an Edward Jones advisor for more than nine years.

In Private Letter Ruling 202509010 (released Feb. 28, 2025), the Internal Revenue Service addressed the income, gift and generation-skipping tax (GST) consequences of the termination of a “GST grandfathered trust.”

Be proactive about protecting clients and positioning them for whatever happens next. By Randy A. Fox, contributor for WealthManagement.com

New York-based socialite and collector Libbie Mugrabi has made headlines over her ongoing dispute with a lending company specializing in art-backed loans. The dispute stems from a failed transaction in 2023 when Libbie sought a $3 million loan from Art Capital Group.

The Healthy Advisor Podcast 🎙️ In this episode of The Healthy Advisor podcast, WealthManagement.com Managing Editor Diana Britton speaks with Mary Saylor, CPA, CFP®, senior director of wealth management at Choreo, an RIA with nearly $25 billion in assets under management and advisement, about her journey as a single, young mother working her way up in the industry. Listen to the podcast >> http://spr.ly/60410MStV

401(k) Real Talk with Fred Barstein Open, honest and candid discussion about February jobs, an investor suing CAPTRUST, NEPC, LLC's annual study, lessons from litigation and more.

Edward Jones Generations will focus on clients with a minimum of $10 million in investable assets who require help with cash flow analysis, trust and estate demands and business owner planning, among other needs.

Lawrence, Kan.-based Triad Partners has hired former Carson Group head of technology Quin Kilgore as CTO. It promoted Jessica Daniels, SPHR, SHRM-SCP, who was brought on last year as chief human resources officer, to COO. She joined from retirement savings firm Security Benefit.