Raymond James Strengthens Team with $1.8 Billion Advisors' Expertise
Raymond James Expands Financial Advisory Team
In an exciting development for the financial services industry, Raymond James has successfully integrated a talented team of 16 financial advisors into their Raymond James Financial Services (RJFS) division. This proposal is fostered under the guidance of Alex David, the Northeast division director for RJFS. The addition is a momentous one, as this team brings a significant portfolio of managed assets, amounting to around $1.8 billion.
New Offices and Leadership
The esteemed financial advisors operate from new offices located in Morristown, New Jersey, and West Palm Beach, Florida. The team, under the leadership of founders and principals Thomas C. Rapp, CLU, ChFC, AEP, alongside Ronald J. Greenberg, CLU, AEP, also includes Managing Partner Patrick Maguire. They are further supported by 14 experienced financial professionals, all eager to deliver exceptional services to their clients.
Meet the Accomplished Team
The roster of advisors joining Raymond James is both impressive and diverse. This includes JP Bartolomeo, T. Keith Brown, Bill Conroy, and several others, each bringing their specialized skills and knowledge, further enhancing the value offered to clients. With backgrounds in various areas such as investment strategy and wealth management, this team is well-equipped to cater to the needs of their clients.
Transitioning from M Financial Group
The newly merged team comes from M Financial Group, where they successfully managed substantial client assets. Their mission transcends mere financial management—it's about crafting personalized and sophisticated financial and estate planning services tailored for ultra-high-net-worth families. The strengths of Greenberg & Rapp lie in specialized investment strategies, focusing on private placement life insurance and unique wealth management approaches that ensure wealth preservation and growth.
Client-Centric Philosophy
In their words, Ronald Greenberg shared, "Engaging with Raymond James has unveiled their innovative technology and robust home office support. This empowers us to dedicate our time solely towards client service, aligned with our values of independence and client-first philosophy." This sentiment echoes throughout their team's commitment to their clientele.
Experience That Counts
The team members bring a wealth of experience to the table. Greenberg, for instance, has dedicated 37 years to guiding business owners and affluent individuals through exit planning and wealth preservation strategies. His credentials add significant credibility to their offerings.
Adding further value, Thomas Rapp brings over 30 years of expertise in fields such as estate planning and niche insurance. His involvement is expected to drive the team’s effort to meet the sophisticated financial needs of their clients.
Commitment to Personalized Service
Patrick Maguire expressed confidence in this transition, stating, “We believe the collaboration with Raymond James will enable us to provide bespoke financial advice while nurturing a strong culture of service.” Their approach is to marry comprehensive planning with personalized service—making clients' needs a priority.
Raymond James Financial Services Overview
Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, stands as a pillar in supporting independent financial advisors across the nation. Since its inception in 1974, it has evolved to offer a broad spectrum of wealth management and investment services through its affiliate, Raymond James & Associates, Inc. As an integral part of Raymond James Financial, Inc. (NYSE-RJF), a prominent diversified financial services firm, RJFS showcases robust client assets totaling around $1.64 trillion as of recent reports.
The impressive structure and support system of RJFS further amplify its potential to meet the needs of clients through qualified advisors, underscoring its mission to deliver exceptional financial services.
Frequently Asked Questions
What recent addition did Raymond James make to its team?
Raymond James welcomed a team of 16 financial advisors previously from M Financial Group, managing approximately $1.8 billion in client assets.
Where are the new offices located?
The advisors have opened offices in Morristown, New Jersey, and West Palm Beach, Florida.
What specialties does the team offer?
The team specializes in personalized financial planning and estate services for ultra-high-net-worth families.
How does Raymond James support its advisors?
Raymond James provides cutting-edge technology and comprehensive home office support, enabling advisors to focus on client service.
What is Raymond James Financial Services known for?
RJFS is recognized for providing independent financial advisors support and a wide range of investment services nationwide.
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