A Texas-based advisor who managed $160 million in client assets at Edward Jones has joined Raymond James Financial Services, the firm’s independent advisor channel, the firm announced Tuesday.
Frank Durrum operates as Durrum Wealth Management in Mount Pleasant, Texas, aided by staffers Debbie Patterson and Marisa Blakenship. They focus on providing personalized wealth management for clients including business owners, corporate executives, families, retirees and women investors.
Durran has 13 years of experience, according to his BrokerCheck report, having joined Edward Jones in 2010. Earlier, he graduated from the United States Naval Academy and served as an infantry platoon commander in the Marine Corps.
“I chose Raymond James for its valuable tools and investment options to serve high-net-worth clients,” Durrum said in a statement. “I’m confident that the resources and support the firm has to offer will allow me to continue to provide excellent service to clients for years to come.”
Driven by robust transaction activity amid market turbulence and increased focus on billion-dollar plus targets, Echelon Partners expects another all-time high in 2025.
The looming threat of federal funding cuts to state and local governments has lawmakers weighing a levy that was phased out in 1981.
The fintech firms' new tools and integrations address pain points in overseeing investment lineups, account monitoring, and more.
Canadian stocks are on a roll in 2025 as the country prepares to name a new Prime Minister.
Carson is expanding one of its relationships in Florida while Lido Advisors adds an $870 million practice in Silicon Valley.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.