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.
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
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.
