Jennifer Marcontell, whose eight-person team managed $1.7 billion at Edward Jones in Baytown, Texas, has broken away and affiliated with the independent channel of Ameriprise Financial.
Marcontell had been with Edward Jones for 22 years.
Going forward, she and her team will operate as Marcontell Wealth Management.
The firm works with roughly 450 families who on average have assets of more than $4 million. Many clients are in the energy and chemical industry.
A Texas-based bank selects Raymond James for a $605 million program, while an OSJ with Osaic lures a storied institution in Ohio from LPL.
The Treasury Secretary's suggestion that Trump Savings Accounts could be used as a "backdoor" drew sharp criticisms from AARP and Democratic lawmakers.
Changes in legislation or additional laws historically have created opportunities for the alternative investment marketplace to expand.
Wealth managers highlight strategies for clients trying to retire before 65 without running out of money.
Shares of the online brokerage jumped as it reported a surge in trading, counting crypto transactions, though analysts remained largely unmoved.
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.
