RIAs

Nine out of 10 independent registered investment advisors say their roster of clients has increased or remained steady in the past 12 months and that has them looking to add staff in the year ahead to sustain that growth.

The acquisition adds 126 relationships and $200 million in assets to the San Antonio-based wealth advisory firm.

Pyxis Capital, a Dallas RIA, named J. Bradley Ross president. He replaces Joe Dougherty.

Peak, the country’s largest financial advisor coaching and resource program, hired Paul West as a managing director.­

Tax-deferred investment solution firm Jefferson National Partners has announced a partnership with CAPTRUST and the launch of five new asset allocation models.

As part of the service, SumRidge will offer RIAs and broker-dealers daily, weekly and monthly trading desk commentary in the fixed-income markets.

Martin Capital Management, LLC, has launched the Martin Focused Value Fund, which will bet undervalued shares of publicly traded U.S. companies.

Advisors clearly need to change how their practices are staffed up in order to meet the challenge of running clean, client-focused businesses.

Over the course of a 30-year career, Steven Stahlberg worked for Wachovia, R.W. Baird and Morgan Stanley.

Triad Advisors, a subsidiary of Ladenburg Thalmann Financial Services Inc., announced that Texas-based, Karsten Advisors has joined Triad as an independent branch office.