TBT Financial Services, a six-adviser team managing $625 million, switched its affiliation and corporate registered investment adviser custodial platform to LPL Financial from Raymond James.
The TBT team, which is based in Longview and Tyler, Texas, includes financial advisers Jerry Martin, Jon Cromer, Mitzi Bjork, Carl Newman Jr., Curtis Hinshaw and Clint Quinn, as well as four operations support staff members.
TBT was already working with Financial Advociates, an LPL firm that provides services to independent advisers.
The team had affiliated with Raymond James in 2010 after many years as an independent securities firm.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
Celebrity endorsements, $500M in claimed assets, and a state regulator stepping in.
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
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
