Two advisers managing $266 million at Wells Fargo Advisors in Bothell, Washington, have gone independent as Legacy Wealth Partners and affiliated with Raymond James through Mainspring Wealth Advisors, one of the firm’s offices of supervisory jurisdiction.
The advisers, Jeff Anderson and Doug McClure, had been affiliated with Wells Fargo since 2010 and 2011, respectively. Anderson began his securities career at Merrill Lynch in 2000; McClure started in 1986 at First Investors.
Legacy Wealth account executives Sarah Hand and Monica Rock-Lorimor also made the move to Raymond James.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
