Indie managing $415 million moves to Raymond James from LPL

Indie managing $415 million moves to Raymond James from LPL
Elite Financial Management’s Bill Dendy and three reps switch firms in Dallas
APR 24, 2020
Elite Financial Management, which manages $415 million in Dallas, has switched affiliations to the independent unit of Raymond James from LPL Financial. Making the change are firm head Bill Dendy, three advisers — Kibb King, John Thompson and Todd Pace — and associates Eamon Devlin and Madison Montgomery. Also joining them, from the firm of B. Riley, is financial adviser Bruce Lewin. Dendy, who has spent more than 26 years in the investment business, began his financial services career with Shearson Lehman Hutton in 1991. He was affiliated with LPL for 15 years.

Latest News

Integrated Partners, Kestra welcome multigenerational advisor teams
Integrated Partners, Kestra welcome multigenerational advisor teams

Integrated Partners is adding a mother-son tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.

Trump not planning to fire Powell, market tension eases
Trump not planning to fire Powell, market tension eases

Futures indicate stocks will build on Tuesday's rally.

From stocks and economy to their own finances, consumers are getting gloomier
From stocks and economy to their own finances, consumers are getting gloomier

Cost of living still tops concerns about negative impacts on personal finances

Women share investing strengths, asset preferences in new study
Women share investing strengths, asset preferences in new study

Financial advisors remain vital allies even as DIY investing grows

Trump vows to 'be nice' to China, slash tariffs
Trump vows to 'be nice' to China, slash tariffs

A trade deal would mean significant cut in tariffs but 'it wont be zero'.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

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.