Prospera picks up former Wells Fargo advisor firm in California

Prospera picks up former Wells Fargo advisor firm in California
Back office efficiencies among decision to switch firms.
JUL 16, 2024

An advisor managing approximately $115 million in assets has joined Prospera Financial Services along with his team.

Garrick Updegraph’s firm Up the Graph Financial Group is based in Irvine, California, and joins the boutique wealth management firm’s growing network of independent financial advisors. Updegraph has more than two decades of wealth management experience and was most recently with Wells Fargo, whose own focus on independent advisors appears to paying off.

“I wanted to partner with a firm that provided freedom and breadth of services, in addition to back-office efficiencies, that enable me to provide the level of service my clients expect,” said Updegraph, President & Financial Advisor. “Relationships and results are critical to my practice. At Prospera, I’ve found a community that feels the same way about client service and operational excellence.”

“We have intentionally designed our firm for advisors like Garrick who do not want to choose between growing their practice and delivering the highest quality, personalized service to their clients,” said Tarah Williams, Prospera’s President and Chief Operating Officer. “Our strategic investments in best-in-class technology, coupled with a tireless dedication to hands-on service, have cultivated a value proposition designed to help advisors, like Garrick, grow their practice their way.”

Latest News

The power of cultivating personal connections
The power of cultivating personal connections

Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.

A variety of succession options
A variety of succession options

Whichever path you go down, act now while you're still in control.

'I’ll never recommend bitcoin,' advisor insists
'I’ll never recommend bitcoin,' advisor insists

Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.

LPL raises target for advisors’ bonuses for first time in a decade
LPL raises target for advisors’ bonuses for first time in a decade

“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.

What do older Americans have to say about long-term care?
What do older Americans have to say about long-term care?

Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound