Four Texas advisers who collectively manage $567 million have affiliated with the independent unit of Raymond James.
Steve Jumper and his associates Carla Hancock and Marti Hall, who operate as Jumper & Associates Financial Services, had managed $121 million at Wells Fargo in Texarkana. Jumper has 30 years experience, according to his BrokerCheck profile, and had been affiliated with Wells Fargo since 2015, after starting at Edward Jones in 1991.
William Pettit, who managed $151 million at Wells Fargo, is based in El Paso. According to BrokerCheck, he'd been with Wells Fargo since 1998.
Tim Wilson and Joseph Logsdon, based in Lewisville, were formerly affiliated with LPL Financial and manage approximately $295 million. Wilson had been affiliated with LPL since 2003 and Logsdon since 2005, according to BrokerCheck.
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
