Sage Private Wealth Group, a Wheaton, Ill.-based independent firm affiliated with Raymond James Financial Services, has recruited two financial advisors.
Michael Frank, founder of Frank Advisor Services, has joined Sage from LPL Financial. Based in St. Charles, Ill., he manages approximately $100 million in client assets, and has annual production of approximately $700,000.
Frank joins Sage as a managing director and partner and will continue to serve his clients as well as manage the operations of the St. Charles office, which became Sage’s fourth location.
Oliver Ernst has joined Sage as a wealth advisor and partner. He will be based in the firm’s downtown Chicago office. Ernst had spent his entire 11-year financial services career with Ameriprise. He manages $60 million in client assets and has fees and commissions of $570,000 per year.
Sage Private Wealth Group provides clients with a full range of services including investment consulting, tax, estate and charitable giving planning.
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