Wells Fargo duo managing $230 million goes independent

Two reps in Palm Beach Gardens, Fla., affiliate with Raymond James.
JUL 17, 2017

John M. Houchin III and James A. Ernst, who managed $230 million in assets at Wells Fargo Advisors in Palm Beach Gardens, Fla., have gone independent and affiliated with Raymond James. The team, which operates as Houchin Ernst Wealth Advisors, includes their assistant, Linda Davis. Mr. Houchin began his financial services career in 1991 with Great Western Financial Securities Corp. In 1994, he joined Barnett Investments, which was acquired by Banc of America Investments in 1998. In 2008, he moved to Wells Fargo Advisors. Mr. Ernst began his career with First Investors Corp. in 2000 and joined Banc of America Investment Services in 2001. He moved to Wells Fargo in 2008, where he partnered with Mr. Houchin.

Latest News

Retiree alleges advisor withheld $600K through real estate LLC web
Retiree alleges advisor withheld $600K through real estate LLC web

$1.7M invested from an inheritance. Then the phone went dead.

SEC accuses Linqto chiefs of 'Wizard of Oz' investor deception
SEC accuses Linqto chiefs of 'Wizard of Oz' investor deception

The pre-IPO platform sold $430M in units while allegedly rigging prices behind the scenes.

GLP-1 users are trading retirement savings for their prescriptions
GLP-1 users are trading retirement savings for their prescriptions

A Nationwide survey finds 47% of GLP-1 users have never discussed the drugs’ financial impact with an advisor, even as many dip into savings.

Inspired Healthcare sale price of properties is 59% of $1.2 billion sold by advisors
Inspired Healthcare sale price of properties is 59% of $1.2 billion sold by advisors

The hundreds of millions of dollars from a sale of Inspired Healthcare properties does not mean an immediate windfall for investors.

Class action alleges Webull misled investors about China operations
Class action alleges Webull misled investors about China operations

Its SEC filings said one thing - a congressional probe said another.

SPONSORED Built on insurance experience to deliver on long-term promises

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

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

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