Raymond James has recruited a staff of 5 advisors to the agency’s worker advisor channel. The Williamsville, N.Y.-based group beforehand managed over $1 billion in consumer belongings at Merrill Lynch.
The staff is led by Christopher Scott, Kevin Klein, Michael Gates and Salvatore Gandolfo and can function as Scott Klein Gates Gandolfo Wealth Administration of Raymond James. They’re joined by monetary advisor Jeffrey Baker and consumer relationship associates Alicia Birch, Jaclyn Greiner, Christina Ivancic and Elia Criola.
Scott spent the final 25 years of his profession at Merrill Lynch, whereas Klein spent greater than 20 years on the wirehouse. Gates started his profession at Merrill over 14 years in the past.
“Understanding that a lot of the agency’s management comes from a monetary advising background means they’ve skilled the identical insurance policies we do, fostering a deeper sense of accountability and shared values,” mentioned Scott in a press release. “It’s a refreshing method that aligns completely with our deal with serving purchasers.”
Earlier this yr, Raymond James introduced that CFO Paul Shoukry will succeed present CEO Paul Reilly because the agency’s chief in fiscal yr 2025, a part of a broader “multi-year succession planning course of.”
The agency additionally promoted Tom Walrond to move Raymond James & Associates, changing Tash Elwyn, who was appointed president of the corporate’s Non-public Shopper Group. In November, Raymond James introduced that Shannon Reid would head the agency’s unbiased contractor division.
