Private Advisor Group expands in Tennessee

Private Advisor Group expands in Tennessee
The independent RIA bolsters its community in the East Coast as it welcomes former Edward Jones advisor.
MAY 03, 2024

Private Advisor Group, a large independent wealth firm based in Morristown, New Jersey, has made another addition to its network.

The East Coast-based RIA announced it has welcomed Ethan Campbell, a wealth advisor at Stones River Wealth Management, to its network.

Based in Tennessee, Campbell has been in the industry for nearly a decade, including a four-year tenure at Edward Jones.

With more than $31.5 billion in assets under management as of the end of 2023, Private Advisor Group has attracted advisors from across the US with a platform that supports their growth, fiduciary responsibility, and client-focused strategies.

“Mr. Campbell's decision to join Private Advisor Group underscores our commitment to providing top-tier support and resources to financial professionals seeking to elevate their practice. His knowledge and reputation further enhance our ability to deliver exceptional service and value," Verne Marble, director of business development at Private Advisor Group, said in a statement.

Campbell is making the transition with his longtime team at Stones River, which includes wealth advisor Collin Reed and office administrator Alana Hale. They are transitioning by integrating into a larger practice, EPM Financial, a Private Advisor Group affiliate with an estimated $500 million in AUM.

The new alignment not only adds Campbell’s expertise and a $90 million client asset base into Private Advisor Group business, but also reinforces River Stones’ practice by tapping into the larger platform’s multi-custodian offering and robust technological resources.

Brandon Edwards, managing partner at EPM Financial, emphasized the strategic nature of this partnership.

"The alignment with Private Advisor Group through EPM Financial exemplifies our dedication to fostering strategic partnerships that empower advisors to thrive in today's dynamic financial landscape,” Edwards said.

“We are proud to extend our robust support network to Mr. Campbell, enhancing his ability to deliver exceptional value and service to his clients," he said.

Latest News

RIA dealmaking accelerates as three firms hit AUM milestones
RIA dealmaking accelerates as three firms hit AUM milestones

Wealth Consulting Group, Coastline and Maridea report fresh capital, acquisitions and asset growth as advisor M&A keeps climbing

VastAdvisor closes $1 million SAFE round from advisor-side backers
VastAdvisor closes $1 million SAFE round from advisor-side backers

Carson Group's Dani Fava, Jason Pereira of Woodgate Financial, and Sally George of Convergency Partners led the raise as the growth-tech startup builds out its AI platform and leadership bench.

Wells Fargo adds three advisor practices as recruiting rebound continues
Wells Fargo adds three advisor practices as recruiting rebound continues

New teams from William Blair, Ameriprise and UBS bring more than $560 million in combined client assets to the firm's employee and independent channels.

UBS will pay advisors 'handsomely' for banking starting next year
UBS will pay advisors 'handsomely' for banking starting next year

Regulators this year approved UBS Bank USA’s conversion to a nationally chartered bank.

SEC accuses Tricolor executives of hiding $800 million collateral hole
SEC accuses Tricolor executives of hiding $800 million collateral hole

How a subprime lender’s car-loan bonds allegedly unraveled before bankruptcy.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

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