Mercer Global Advisors has acquired the practice of Mark D. Cunningham, who manages $360 million and is affiliated with Raymond James.
Financial terms weren't disclosed.
Cunningham founded his sole proprietorship in 1997 and is based in Bellaire, Texas.
“We focus on helping our clients achieve their financial goals through comprehensive, tailored financial planning,” Cunningham said in a statement. “As I looked at my own succession planning options to determine with whom to partner, it was important to me that my new partner would anchor on financial planning as I do.”
“I wanted to also provide additional services to my clients like estate planning and dedicated tax expertise and return preparation.” he added.
Also, wealth.com enters Commonwealth's tech stack, while Tifin@work deepens an expanded partnership.
Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.
The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
The high court's decision rebuffing Alpine Securities marks a setback for a broader challenge to Wall Street's reliance on self-regulatory organizations.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
