Thayer “Terry” Potter, whose three-member team manages $180 million in Selingsgrove, Pennsylvania, has switched affiliations from Wells Fargo Advisors Financial Network to Prospera Financial Services.
Potter’s firm, which he founded in 2017, operates as Twin River Wealth Management. He has 37 years of experience; he had been affiliated with FiNet for five years and earlier was with Janney Montgomery Scott and Morgan Stanley.
Potter was accompanied in the move by staffers Jeremy Soper and Justin Soper.
"Terry's expertise as an advisor and dedication as a practice leader and Jeremy's focus on the client experience makes them precisely the kind of financial professionals that are an ideal fit with Prospera," Tarah Williams, president and chief operating officer of Prospera, said in a statement.
CEO Allen Darby sees a coming shift in M&A dynamics as AI eliminates clerical roles at RIAs, leaving buyers and sellers to negotiate who benefits from the added margin.
Michael Bell explains how the PE push in retirement plans will benefit investors, why warnings around risks may be overplayed, and what it will take to get plan fiduciaries comfortable with private investments.
Research highlights the dominant role of workplace retirement plans and breaks down the major factors dictating workers' IRA rollover decisions.
The wealth tech firm is rolling out its "Do Anything" assistant as leaders and strategists tout the next evolution of artificial intelligence.
Appeals court overturns SEC’s CAT funding plan, broker-dealers face new uncertainty.
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.
