Gaddis & Gaddis Wealth Management, an Ada, Oklahoma-based hybrid, and Denison, Texas-based hybrid Premier Investment Advisors have merged to form Gaddis Premier Wealth Advisors, a registered investment adviser.
The new firm, which will manage $350 million, will use Charles Schwab as its custodian.
Dave Reed of Premier, will be based in Denison, Texas, and serve as chief executive officer of the new firm, which has offices throughout Oklahoma and northern Texas.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
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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
