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$500M adviser team affiliates with Commonwealth Financial Network

Michael Roberts Associates Inc. left Cadaret Grant & Co. Inc. and affiliated with Commonwealth Financial Network, InvestmentNews reported Jan. 14.

Michael Roberts Associates, which manages $500 million in assets for more than 1,500 clients, was founded in 1990. It is comprised of financial advisers Neil Hoyt, Rachel Roney, Jeffrey Klein, Sonnet Loftus and Paul Ahrens, and their staff, according to the report.

Commonwealth Financial Network is the registered service mark for Commonwealth Equity Services LLC.