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FAs Leave Employee-Owned Firm for Raymond James

By Mrinalini Krishna June 12, 2019

Raymond James has poached a team of advisors from employee-owned investment and advisory firm Mesirow Financial in Illinois.

Daniel Nickow and Brett Salzer have joined the company’s employee broker-dealer channel Raymond James & Associates as the Talman Nickow Salzer Group of Raymond James, the company says in a press release.

The duo, who managed around $319 million at Mesirow, will operate out of Raymond James’ new office location in Deerfield, Ill., according to the release.

“Raymond James provides us the freedom to build our practice, and offers exceptional technology and resources, like goal planning and monitoring, that help us expand our capabilities and what we can offer clients,” Nickow says in the release.

“Having those tools at our disposal and such efficient back office support was really important to us,” he adds.

Nickow has 20 years of experience in the financial services industry while Salzer brings with him 12 years of experience. Both advisors worked with companies such as Citigroup Global Markets and Morgan Stanley Smith Barney, before joining Mesirow in 2012, according to their BrokerCheck profiles.

“I am pleased that they were able to experience the firm’s advisor-centric culture firsthand when they came for a home office visit, and I am proud that they ultimately found Raymond James to be the optimal place for them, their practice and their clients going forward,” John Kuklenski, Northern division director for Raymond James & Associates, says in the release.

Raymond James & Associates has been luring advisors from wirehouses lately. In the past two months, it's managed to scoop advisors and teams including a UBS veteran, a $600 million Wells Fargo team from Virginia and a top-producing Merrill Lynch team that oversaw close $1 billion in assets.