Raymond James has added a group of 4 Las Vegas-based monetary advisors to Raymond James & Associates (RJA)–the agency’s worker advisor channel.
The group, which got here from RBC Capital Markets, contains Kerry Withrow, Ben Hamilton, Ryan D’Souza and Elliot Bloch, in addition to follow enterprise supervisor Terri Criswell. The group, which managed $1.1 billion in consumer property at RBC, will likely be entitled the Enterprise Exit Planning Advisors of Raymond James and function as a part of RJA’s Las Vegas department.
“After intensive deliberation and due diligence, our group partnered with Raymond James for its superior expertise platforms, particularly designed to serve enterprise house owners and high-net-worth people and households,” Withrow stated in a press release. “The power to entry Raymond James Funding Banking was additionally a pivotal consider our determination.”
Withrow brings over 30 years of economic companies trade expertise to his function as managing director. He started his profession at Smith Barney Inc., now Morgan Stanley, in 1993 and just lately served as managing director throughout a 25-year tenure at RBC Capital Markets.
“We’re excited concerning the alternatives this transition brings and assured that it’s going to assist improve our purchasers’ monetary journeys,” Hamilton stated in a press release.
Hamilton started working within the monetary companies trade at Legel, Braswell Securities and has held advisor positions at Prudential Securities and PaineWebber Integrated, now UBS. Most just lately, he served as a senior vice chairman at RBC throughout a 26-year tenure. Along with his 46 years of expertise, Hamilton additionally holds the Licensed Exit Planning Advisor® designation.
“This gifted group is a promising addition to our Western division, and we look ahead to persevering with to draw impactful practices like theirs who mirror the tradition and values discovered on the agency,” Lance Horton, Raymond James complicated supervisor for the Mountain Desert Advanced, Nevada and Utah, stated in a press release.
It’s the second giant group within the West to hitch Raymond James up to now two months. In September, a trio of advisors in Utah with about $1 billion in managed consumer property dropped their LPL affiliation to hitch Raymond James through the agency’s unbiased channel.
Earlier this 12 months, Raymond James introduced that CFO Paul Shoukry will succeed CEO Paul Reilly because the agency’s chief in fiscal 12 months 2025, a part of a broader “multi-year succession planning course of.”
The agency additionally promoted Tom Walrond to move RJA, changing Tash Elwyn, who was appointed president of the Non-public Shopper Group. In November, Raymond James introduced that Shannon Reid would head the agency’s unbiased contractor division.
