Prospera Financial Services announced that wealth manager John Farren has joined its national platform. Farren is Managing Director of Farren Private Wealth and is based in St. Pete Beach, Florida.
He brings more than three decades of experience advising high-net-worth individuals, institutional clients, and business owners.
His practice includes retirement planning, 401(k) rollovers, 72(t) distribution strategies, and customized portfolio construction.
Farren also earned a designation through the Private Investment Management program, which is designed for financial advisors authorized to make discretionary investment decisions on behalf of clients.
He joins Prospera after working with larger firms and said the boutique wealth management platform offered a balance of flexibility, resources, and personalized support.
Prospera operates as an independent broker-dealer and Registered Investment Adviser supporting financial advisors nationwide.
The firm currently supports 230 independent financial advisors and more than $30 billion in client assets.
Prospera said it is continuing to expand while maintaining a 2.5-to-1 advisor-to-home-office staff ratio.
The firm positions that staffing model as an important part of its boutique approach, with an emphasis on personalized service and direct access to operational resources.
Prospera provides advisors with back-office support, clearing and custodial relationships, technology, and other infrastructure intended to help independent practices grow.
Founded in 1982 and headquartered in Dallas, Prospera said its broader strategy is centered on giving advisors flexibility and independence while maintaining access to the resources of a national wealth management organization.
Farren is the latest advisor to join the firm as Prospera continues expanding its national footprint.
KEY QUOTES:
“After my time at larger firms, I was drawn to Prospera’s scale and personalized support. I was looking for the right balance of flexibility and resources, with incredible back office support, that enable me to deliver the exceptional service my clients deserve, and Prospera has a reputation for empowering advisors to exceed expectations.”
John Farren, Managing Director of Farren Private Wealth
“John’s decades of experience, proven track record and dedication to client service make him a natural fit for Prospera’s culture. He has built trust with his clients the same way we do with our advisors by meeting their evolving needs in a changing industry. Prospera is proud to provide the resources and support to help John continue to grow.”
Tarah Williams, President and Chief Operating Officer at Prospera Financial Services
