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.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
