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.
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
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
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
