Press Releases

Little Rock firm’s new owners lead transition to Prime Capital Investment Advisors
Employee owners lead change from Hagan Newkirk to PCIA


From left to right: Brennan McCutchen, Jason Gerber, Jonnathan Davis

OVERLAND PARK, Kan. (Sept. 3, 2019) — Prime Capital Investment Advisors (PCIA) announces new ownership of Hagan Newkirk Financial Services in Little Rock, Arkansas. The firm will now be known as Prime Capital Investment Advisors and the Little Rock office will be owned by longtime employees Jonnathan Davis, Jason Gerber and Brennan McCutchen.

The firm has had a long-standing relationship with Prime Capital Investment Advisors.

“We’re looking forward to the evolution of the firm’s presence in Central Arkansas,” said Glenn Spencer, CEO of PCIA. “The experience Jonnathan, Jason and Brennan bring, along with the many tools we offer our advisors and clients, means the company is well-positioned to serve our clients in Little Rock.”

“There are many people in the community who know us and know of our long-term association with the company,” said Brennan McCutchen. “Our goal in buying the company is to use our experience to grow and become the best firm in Central Arkansas. We want to build on what we’ve done to this point and our goal is to help grow the company significantly in the next 10 years. We want to make it a great environment for clients and for advisors.”

Hagan Newkirk was founded in 1989 by Merlin Hagan and Chris Newkirk. “We’re grateful to Merlin and Chris for this opportunity and for their fantastic service to our clients which they will continue to provide as advisors,” said Jason Gerber.

“Chris and I will stay closely connected to the firm,” said Merlin Hagan. “I’m confident in the new leadership. With a combined 37 years of experience with the firm and the support of Prime Capital Investment Advisors, we will continue to bring great value to our clients.”

“We intend to continue to build our business across the U.S., and attracting the most talented professionals in our business will be critical,” said Scott Colangelo, managing partner of PCIA. Prime Capital Investment Advisors has added offices in Batesville, Indiana; Fayetteville, Arkansas; and Richmond, Virginia, and invested in the growth of their teams in Tampa, San Antonio and Denver.

About Prime Capital Investment Advisors
Prime Capital Investment Advisors provides a client-centric team approach to full-service financial planning, including fee-based asset management and wealth management through its Prime Capital Wealth Management brand. Through its Qualified Plan Advisors brand, the firm also provides retirement plan advisory services, as well as plan participant education. PCIA currently has 23 locations throughout the United States, with investment advisor representatives serving clients across the nation.

Advisory services offered through Prime Capital Investment Advisors, LLC. (“PCIA”), a federally registered investment adviser. PCIA: 6201 College Blvd., 7th Floor, Overland Park, KS 66211. PCIA doing business as Qualified Plan Advisors (“QPA”) and Prime Capital Wealth Management (“PCWM”).