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.
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.
