Gary Kurtz and Michael Campos, solo advisers who together managed $446 million at Truist, have joined investment firm D.A. Davidson and will operate their firms from a new office in Lexington, South Carolina.
Kurtz and Campos had been with Truist and its predecessor firms for 16 years and 10 years, respectively.
They were joined in the move by three staffers.
Kurtz will operate Kurtz Wealth Management and Campos will operate Campos Wealth Strategies.
Michael Purpura, president of wealth management at D.A. Davidson, noted in a statement that this is the third location in the South that the firm has added this year.
Carson's latest addition in Salt Lake City continues its strategy of buying out successful and growing Carson Wealth locations.
Reports of potential combination follow discussions between CEOs, sources say.
Mayer Brown, GWG's law firm, agreed to pay $30 million to resolve conflict of interest claims.
Orion adds new model portfolios and SMAs under expanded JPMorgan tie-up, while eMoney boosts its planning software capabilities.
National survey of workers exposes widespread retirement planning challenges for Gen Z, Millennials, Gen X, and Boomers.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
