Prospera Adds $650M Memphis Wealth Management Team
Prospera Financial Services, Inc., a boutique wealth management firm for independent advisors, has added $650 million Memphis, TN-based Wunderlich & Company to its broker-dealer platform.
Led by Albert and Mackey Alexander, Brown Baine, Herb Taylor, and Philip Wunderlich, Wunderlich & Company brings more than 25 years of wealth management expertise in financial planning and multi-generational wealth management with a focus on client advocacy.
“We wanted to partner with a firm that allows us to continue offering comprehensive services without sacrificing back-office support, nimbleness, and flexibility,” said Philip Wunderlich, managing member & financial advisor with Wunderlich & Co.
In February, Prospera announced the debut of the Prospera Generational Wealth platform, a “multi-layered support team” that assists advisors in identifying opportunities and developing strategies for ultra-high net-worth clients. The platform was created in response to an increasing number of clients expressing a desire for family office services, the firm said.
Headquartered in Dallas, TX, Prospera has $22 billion in assets under management.
