Blaine Franklin, who managed $195 million at Edward Jones, has gone independent and affiliated with Raymond James in Rifle, Colorado.
Franklin joins Raymond James Financial Services as owner of Blaine P. Franklin Financial Services, where his team provides personalized wealth management to business owners, families, pre-retirees, retirees and individuals with sudden wealth, Raymond James said in a press release Monday. He is accompanied by client service associate Heather Franklin and office manager Kristin Rubin.
Franklin had spent his entire career in financial services, which began in 1999, at Edward Jones.
Most firms place a limit on advisors’ sales of alternative investments to clients in the neighborhood of 10% a customer’s net worth.
Those jumping ship include women advisors and breakaways.
Firms in New York and Arizona are the latest additions to the mega-RIA.
The agent, Todd Bernstein, 67, has been charged with four counts of insurance fraud linked to allegedly switching clients from one set of annuities to another.
“While harm certainly occurred, it was not the cataclysmic harm that can justify a nearly half billion-dollar award to the State,” Justice Peter Moulton wrote, while Trump will face limits in his ability to do business in New York.
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.
