Jon Burnett, Daniel Fowler and Chad Carlile, who were previously affiliated with LPL Financial where they managed more than $220 million in client assets, have joined Raymond James Financial Services — the firm’s independent adviser channel.
As president of Burnett Financial Services in Amarillo, Texas, Burnett has more than 24 years of experience in financial planning and investment management. He joined LPL Financial in 2012, Raymond James said in a press release Thursday.
Fowler, owner of Fowler Investment Services in Pampa, Texas, has provided financial planning and strategies to clients since 2012 when he affiliated with LPL Financial.
As president of Carlile Investment Services in Lubbock, Texas, Carlile has more than 19 years of experience in planning and investment management. He joined LPL Financial in 2012.
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
