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Raymond James Re-Orders Some Its Top Executives

July 2, 2018

Following word that Raymond James Financial’s chief operating officer Dennis Zank will step down from that role, the firm has reshuffled some of its top management.

Scott Curtis, now president of Raymond James' independent channel, will head the firm’s private-client group and oversee its domestic operations as a succession plan is put in place for him as president. Tash Elwyn, for the moment still president of Raymond James' traditional employee broker-dealer, will become president and CEO of Raymond James & Associates, “adding regulatory oversight and reporting responsibilities,” according to a Raymond James press release.

Curtis was earlier senior vice president of Raymond James’ independent-advisor private client group, and prior to that president of the company’s insurance group. He came to Raymond James from GE Financial, where he was senior vice president, Raymond James says. As part of the succession plan for Curtis, the company named Jodi Perry, now national director of the firm’s full-service brokerage, as president of the independent-contractor division, reporting to Curtis, the press release says.

Elwyn previously served as divisional director of the Atlantic division of RJA and a branch manager in Chattanooga before then, according to Raymond James. Elwyn began his career at the company as a financial advisor trainee in 1993, according to the press release.

The appointments, effective immediately, follow April's announced retirement as COO by Zank, who will stay on as a financial advisor, the company says.

By Alex Padalka