The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Prospera Financial Services
Financial Group of Irvine, California, with about $115 million in AuM, has joined the platform of Prospera Financial Services.

Financial Group is led by Garrick Updegraph, who has more than two decades’ wealth sector experience.

"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," Updegraph, president and financial advisor, said.

Prospera was founded in 1982 and is headquartered in Dallas, Texas.