American National Bank of Texas, an independently owned bank with more than 30 locations throughout North Texas, has selected Ameriprise Financial Services as its new broker-dealer.
The Terrell, Texas-based bank joined the Ameriprise Financial Institutions Group from LPL Financial with a team of six financial advisers who help clients manage over $483 million in combined assets.
As part of the transition, the bank formally named its investment program ANBTX Investment Services, a financial advisory practice of Ameriprise Financial Services, Ameriprise said in a press release Monday.
Kathy A. Howe, executive vice president and director of wealth management at ANBTX, leads the ANBTX Investment Services group. The team includes financial advisers Daniel Finch, Jennifer George-Smith, Patsy Gómez, Karen Martin, Cassie Perry and EJ Pipkin; retirement plan adviser Carol Dogans; and senior vice president and program manager Cheryl Sutter.
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
