A former Ameriprise team in New Jersey that managed more than $2.3 billion in client assets has launched Laurel Oak Wealth Management, an independent registered investment advisory firm.

A team of five New Jersey-based financial advisors who previously managed more than $2.3 billion in client assets has ...

Williams said the Valencia Road laurel oak was probably at the end of its lifespan, about 65 years, and that the decision to kill the tree was a last, but necessary, resort.

Laurel Oak will also be cheering Benaud, having bought a half share in the $280,000 ($184,383) yearling with trainer John O'Shea at Karaka in 2020.