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"[People] don’t expect retirement to begin with social security and sit on the back deck in a lounge chair for the rest of their lives. This group really wants to remain active."

Jeff Cimini, head of personal retirement at Merrill Lynch

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JHS Capital Advisors, a dual registered broker-dealer and RIA, has appointed Steven Lofquist as a first vice president, financial advisor.

Lofquist is based in the firm’s Leawood, KS, office and manages $40 million in client assets. He joined from RBC Wealth Management, where he was a vice president for three years. During his time there he was selected to join a consulting group of advisors who had successfully built fee-based businesses, JHS said. Before RBC, he spent 23 years at Smith Barney.

In related news, JHS early this month moved to bigger premises in Portland, OR, to house 20 staff. Also in August, the firm linked up with Socialware to enable its advisors to use social media to grow their businesses.

The firm, which is headquartered in Tampa, FL, was founded in 2009 by John Sykes. It is a subsidiary of JHS Capital Holdings.

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