'This gives us an opportunity to provide wealth management services to what may be around 1 million participants in 401(k) plans all over the country,' Mallouk says.
Credit Suisse also appointed investment bank chief Christian Meissner to run the Americas.
The New Orleans-based broker-dealer and RIA will come onboard as an office of supervisory jurisdiction and retain its brand when joining with the Dallas-based Prospera.
FNZ's infrastructure is used by more than 150 banks, asset managers and life insurers to oversee more than $1.5 trillion in assets.
Thrivent's Carolyn Armitage details how Thrivent provides financial advisors with a partner that they can outsource as much or as little as they need or want.
Asset-Map's Adam Holt discusses how automation has entered the financial planning industry and the influence of technology for current and future financial advisors.
The teams cumulatively manage more than $560 million in assets and are based throughout the Lone Star State.
