Raymond James says a team of financial advisors has joined its independent channel form Merrill Lynch, where they had $340 million in client assets.
Jon Schubert, Brent Bigney, Mike Morrison and Adam Stalcup have joined Raymond James Financial Services.
They operate as Resolute Private Wealth in in Forest, Virginia. They are joined by client service associates Stacey Hytree and Amy Tesi.
The team’s clients include business owners, corporate executives, family offices, women investors and endowments and foundations, according to Raymond James.
The advisors say they were drawn to Raymond James because of its investment platform, culture, resources and leadership.
“The depth and breadth of the firm’s investment and planning platform, in addition to its advisor-centric culture, is why we joined Raymond James,” Schubert, president and managing partner of RPW, said in a statement about the move. “I am impressed by the firm’s offering and services designed specifically to cater to high-net-worth families’ needs.”
Schubert has been in the industry since 2003, staring with Edward Jones before moving to Merrill in 2017, according to his BrokerCheck record.
“Raymond James allocates resources with a client-focused lens and has equipped us with a great suite of research, technology and planning tools that will not only help us engage our current clients on a thoughtful level, but also supports us in developing new relationships,” Bigney, vice president at RPW, said in a statement.
Bigney also started in the industry with Edward Jones, in 2007, then moved to Merrill Lynch in 2011, his BrokerCheck record shows.
“The leadership at Raymond James has continued to reinforce that it’s all about taking care of the client the way we as advisors see fit. Therefore, we are able to fully leverage our team’s extensive industry experience for our client’s benefit,” Morrison, chief marketing officer at RPW, said in a statement.
“Through the due diligence process, we found Raymond James to be the firm that aligns best with our values and ethics. That shared culture allows me to focus on meeting my client’s goals and needs while using a cutting-edge platform for financial planning,” Stalcup, chief operations officer at RPW, said in a statement.
Both Morrison and Stalcup have been in the industry since 2018, when they registered with Merrill, BrokerCheck shows.