Bringing you live news and features since 2006 

Laidlaw Wealth Management acquires Naples Wealth Planning

RELATED TOPICS​

Laidlaw Wealth Management has acquired Naples Wealth Planning an RIA based in Naples, Florida.The agreement will add four new offices in Naples, Tampa, Stuart, and Miami to Laidlaw’s existing Florida location in Boca Raton. In addition, this launches a new platform at Laidlaw to service and expand the 1099 model for advisers. This is an area Richard Calhoun, CEO of Laidlaw Wealth Management, knows well as he was instrumental in the growth of the Wells Fargo Advisors Financial Network from 245 offices to 642 offices, as Managing Director of Growth and Innovation.

Naples Wealth Planning will continue to operate under their valued brand and will be led by Brian Bruneau. Upon completion of the transaction, Bruneau will join the Investment Committee for Laidlaw Wealth Management. Prior to the close of the transaction Bruneau was Chief Operating Officer of both Naples Wealth Management and the parent company Capital Wealth Planning LLC. Bruneau brings an extensive Fortune 100 executive management background with over 23 years in the financial services industry, along with a unique entrepreneurial skillset developing and building businesses. He held Senior Management roles at Met Life, Hartford Private Capital Management, Bank of America/Columbia Management and Zurich Financial Services.

Calhoun says: “We are very excited about this opportunity to expand our presence in Florida and further serve that community with the great team at NWP, both firms have experienced rapid organic growth and have a very strong cultural alignment. The combination of these two high quality platforms enhances our value proposition for our clients and advisors. In addition, having a presence in Miami is key to the growth of our international business, where we have a unique offering, existing client base and a strong desire to grow.”

Bruneau adds: “There is very little overlap since both companies work with the same custodian and technology stack, meaning the transition will be faster with very little disruption to our clients and advisors. Laidlaw’s 178-year history of innovation and partnership culture with a true client centric focus is what made them the best fit for NWP. The breath of resources and platform offering at Laidlaw will help us better serve our clients and continue to evolve as a premier wealth management firm.”

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by