Lance Murphy, an adviser who managed $207 million in assets at Edward Jones, is joining Raymond James & Associates, the employee channel of Raymond James, the firm announced.
Murphy, who’s based in Houston, has 26 years of experience, much of it with asset management companies. He started at A I M Funds in 1995, and subsequently worked at Van Kampen Funds, Hines Real Estate Investments and FS Investments. Murphy had been at Edward Jones since 2019.
The leadership changes coming in June, which also include wealth management and digital unit heads, come as the firm pushes to offer more comprehensive services.
Strategist sees relatively little risk of the university losing its tax-exempt status, which could pose opportunity for investors with a "longer time horizon."
As the next generation of investors take their turn, advisors have to strike a fine balance between embracing new technology and building human connections.
IFG works with 550 producing advisors and generates about $325 million in annual revenue, said Dave Fischer, the company's co-founder and chief marketing officer.
Five new RIAs are joining the industry coalition promoting firm-level impact across workforce, client, community and environmental goals.
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.
