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.
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
