Blaine Franklin, who managed $195 million at Edward Jones, has gone independent and affiliated with Raymond James in Rifle, Colorado.
Franklin joins Raymond James Financial Services as owner of Blaine P. Franklin Financial Services, where his team provides personalized wealth management to business owners, families, pre-retirees, retirees and individuals with sudden wealth, Raymond James said in a press release Monday. He is accompanied by client service associate Heather Franklin and office manager Kristin Rubin.
Franklin had spent his entire career in financial services, which began in 1999, at Edward Jones.
Some in the industry say that more UBS financial advisors this year will be heading for the exits.
The Wall Street giant has blasted data middlemen as digital freeloaders, but tech firms and consumer advocates are pushing back.
Research reveals a 4% year-on-year increase in expenses that one in five Americans, including one-quarter of Gen Xers, say they have not planned for.
Raymond James also lured another ex-Edward Jones advisor in South Carolina, while LPL welcomed a mother-and-son team from Edward Jones and Thrivent.
MyVest and Vestmark have also unveiled strategic partnerships aimed at helping advisors and RIAs bring personalization to more clients.
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.
