Lance Murphy, an adviser who managed $207 million in assets at Edward Jones, is joining Raymond James & Associates, the employee channel of Raymond James, the firm announced.
Murphy, who’s based in Houston, has 26 years of experience, much of it with asset management companies. He started at A I M Funds in 1995, and subsequently worked at Van Kampen Funds, Hines Real Estate Investments and FS Investments. Murphy had been at Edward Jones since 2019.
Federal prosecutors say the scheme used fake investment accounts and a fictitious financial advisor to lure victims into romance-fueled fraud.
Morgan Stanley sought to claw back recruiting bonus money from Darryl Cohen.
Referrals from centers of influence may open the door, but the real key to success for advisors comes from clarity about their ideal clients and where they want to show up.
Three advisor groups overseeing more than $700M in combined client assets head to new firms.
New research finds most Americans fear a US retirement crisis, while skepticism grows toward AI financial advice and crypto in retirement plans.
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
