Downeast Private Wealth, an Auburn, Maine-based hybrid practice managing $170 million, has switched its broker-dealer affiliation and registered investment adviser platform from Investacorp, a unit of Advisor Group, to Arkadios Capital.
Downeast, led by Lena-Jo Hartley, was affiliated with Investacorp for almost 25 years.
The 25-year industry veteran previously in charge of the Wall Street bank's advisor recruitment efforts is now fulfilling a similar role at a rival firm.
Former Northwestern Mutual advisors join firm for independence.
Executives from LPL Financial, Cresset Partners hired for key roles.
Geopolitical tension has been managed well by the markets.
December cut is still a possiblity.
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