Wealth Management Group
220 Beiser Blvd
Dover, DE 19904
No. advisers: 7
|Financial planning clients||N/A|
|High-net-worth client assets||Up to 50%|
|Percentage of assets under management||Yes|
|Total AUM||Total Accounts||Avg. Account AUM|
December 5, 2017 - Already under investigation by the Securities and Exchange Commission, the Woodbridge Group of Companies, a luxury real estate developer, last week missed payments on notes sold to investors and Monday filed Chapter 11 bankruptcy. Based in Sherman Oaks,...
November 15, 2017 - The Joint Committee on Taxation released a modified version of the Senate GOP tax bill late Tuesday that offers a mixed bag of pros and cons for financial advisers and their clients. Primarily, in a huge departure from its original proposal, as well as...
November 14, 2017 - RBC Wealth Management is on a recruiting tear in 2017, as its recruiting bonus remains one of the most attractive on Wall Street, according to industry sources. According to data compiled by InvestmentNews, RBC Wealth Management successfully recruited...
November 13, 2017 - Kevin J. McDermott and John G. Kane, whose team managed $366 million at Citadel Federal Credit Union in suburban Philadelphia, have created Delphi Wealth Management Group and affiliated with Lincoln Financial's independent broker-dealer. Delphi, headquartered...
November 3, 2017 - The Securities and Exchange Commission has been investigating a southern California real estate and investment company, the Woodbridge Group of Companies, which has raised over $1 billion from investors, to determine whether the company has been operating...
November 1, 2017 - More than eight years after she was fired from JPMorgan Chase & Co.'s private wealth management group, Jennifer Sharkey told jurors the experience was "like your whole life is taken away from you." Sharkey testified at her trial in Manhattan federal court...
October 27, 2017 - The unemployment rate continues to tick down, close to what many economists consider the level of full employment. That's a testament to both the relative strength of the economy and business' willingness to hire. For sure, the recovery from the financial...
October 25, 2017 - InvestmentNews recognized 21 financial advice firms with Best Practices awards on Oct. 17, at a ceremony held in Boston. These firms rank among the top quartile of more than 700 independent advisory firms that participated in the 2017 Adviser Compensation...
October 17, 2017 - InvestmentNews has announced the winners of its 2017 Best Practices Awards, an initiative that recognizes the top-performing and most innovative firms in the financial advice industry. The winners were identified through their participation in InvestmentNews'...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
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*Methodology: InvestmentNews qualified 1,906 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of May 1, 2017. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2017, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) provided investment advisory services to clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) nor one who is an insurance company or agency.
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