Three accountant-advisers who manage $175 million as West Texas WealthCare have switched their broker-dealer affiliation to LPL Financial from Avantax Investment Services, which is part of Blucora. Working through JFC Financial, an LPL office of supervisory jurisdiction, West Texas also will use LPL’s registered investment adviser.
Cassandra Fillingim, Elaine McNair and Michael Gardiner, all certified public accountants, formed the business about 10 years ago and are now supported by a five-member office staff. The firm has four offices in Texas, in Canadian, Lubbock, Big Spring and San Angelo.
The firm specializes in tax-centric financial advice and wealth management for ranchers, small businesses and widows working through the estate process.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
