An advisor managing approximately $115 million in assets has joined Prospera Financial Services along with his team.
Garrick Updegraph’s firm Up the Graph Financial Group is based in Irvine, California, and joins the boutique wealth management firm’s growing network of independent financial advisors. Updegraph has more than two decades of wealth management experience and was most recently with Wells Fargo, whose own focus on independent advisors appears to paying off.
“I wanted to partner with a firm that provided freedom and breadth of services, in addition to back-office efficiencies, that enable me to provide the level of service my clients expect,” said Updegraph, President & Financial Advisor. “Relationships and results are critical to my practice. At Prospera, I’ve found a community that feels the same way about client service and operational excellence.”
Prospera launched a family office program to support ultra-high-net-worth clients earlier this year.
“We have intentionally designed our firm for advisors like Garrick who do not want to choose between growing their practice and delivering the highest quality, personalized service to their clients,” said Tarah Williams, Prospera’s President and Chief Operating Officer. “Our strategic investments in best-in-class technology, coupled with a tireless dedication to hands-on service, have cultivated a value proposition designed to help advisors, like Garrick, grow their practice their way.”
Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.
The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.
The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.
Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.
"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.