Tarah Williams, the chief operating officer of Prospera Financial Services, a Dallas-based independent broker-dealer, has been promoted to president. Williams, who will continue as chief operating officer, assumes the firm’s presidency from David Stringer, who continues as managing partner and co-CEO with Tim Edwards.
In her new role, Williams will lead the firm’s day-to-day operations. She is a 26-year industry veteran and has been with Prospera since 2007 holding management positions in operations, finance, risk management, recruiting and marketing, Prospera said in a press release.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
