Simmons Bank, which recently acquired Landmark Bank and its $400 million investment program, has switched that program to the LPL Financial platform from Raymond James.
The Simmons Investment program, which is headquartered in Pine Bluff, Ark., has advisers in Texas, Missouri and Tennessee.
After the acquisition of the Landmark program, which was part of its July 2019 acquisition of Landmark Bank, based in Columbia, Mo., Simmons now accounts for $1.5 billion in brokerage and advisory assets that use the LPL platform.
Allspring’s active strategies join Vestmark’s tax-aware UMA platform as RIA adoption gains traction for custom portfolios
“A better tool does not on its own make a better outcome,” said Humanity Labs CEO Andrei Pop.
“[Vestmark] bring to us the very scaled sponsor trading,” said Envestnet’s Sue Burton.
With 99.9% of companies now exempt from ownership reporting, advisors face widening gaps in client due diligence data.
A new TIAA survey finds 43% of Americans cut retirement contributions in the past year, even as a Social Security cliff looms.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
