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.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
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
