Former UBS Advisor Goes Indie with Prospera
Prospera Financial Services Inc., an independent broker-dealer, has recruited 20-year industry veteran Steven Loerke, founder of California-based Redwood Advisory, who manages $100 million in client assets.
Prospera Financial Services Inc., an independent broker-dealer, has recruited 20-year industry veteran Steven Loerke, founder of California-based Redwood Advisory, who manages $100 million in client assets.
In 2000, Loerke began his career with Morgan Stanley, later moving to UBS where he spent 14 years climbing the ranks, serving as wealth advisor, portfolio manager, and ultimately, vice president. He decided to go independent and form Redwood Advisory Group in order “to elevate the level of service for his clients.”
Loerke holds a bachelor’s degree in business administration from Saint Mary’s College of California, as well as FINRA Series 7, 31, 63, and 65 securities licenses.
Founded in 1982 and headquartered in Dallas, Prospera supports independent financial advisors nationwide.
