In The News

A Columbus financial planning firm has ended its relationship with Hightower Advisors, a move its founder says will expand its services allow it to grow.

Two large RIAs managing nearly $3 billion have cut ties with HighTower Advisors, but the Chicago-based RIA mitigated the losses by adding several high-profile executives.

Michael is responsible for analyzing various investment opportunities as well as client reporting, updating model portfolios, constructing market commentary and preparing client presentations

A Cincinnati investment adviser has joined a Columbus-based wealth management firm to open its first Cincinnati office. Tom Regan left Lenox Wealth Management, where he managed $250 million in client assets, about a year ago. After searching for the right fit for his next gig and talking to about 15 different firms, Regan opted to join Joel Guth and his Gryphon Financial Partners.

After almost 20 years in the financial services industry, Jeffrey R. Lagusch, CFP is joining Gryphon Financial Partners as a Director, Wealth Management. Jeff’s duties include Investment Management, Retirement Planning, Risk Management and Estate Planning.

Wealth management provider HighTower said Wednesday that it added Envestnet Retirement Solutions to its technology platform, giving its independent advisor partners a new tool for growing their retirement business. “The rapidly changing regulatory landscape requires advisors to pay close attention to the…

The highly anticipated debut of Alibaba Group Holding Ltd, the Chinese e-commerce group, will come amid the busiest year for initial public offerings since the technology bubble burst in 2000. Alibaba’s IPO, which could come as soon as Sept. 19, could raise more than $21 billion…

Sectarian violence in Iraq sent the price of oil skyrocketing on Thursday, propelling both Brent and West Texas Intermediate up more than two percent to their highest levels of the year amid growing concerns about a threat to global supply. After a delayed reaction to turmoil raging in the country, oil prices..