Advisers on the Move

Two Wells Fargo teams managing $345 million decamp for Raymond James

Brokers and staff in Baton Rouge, La., move to firm's employee unit

Sep 5, 2017 @ 12:49 pm

By InvestmentNews

Two broker teams that managed $345 million in assets at Wells Fargo Advisors in Baton Rouge, La., have joined the employee unit of Raymond James.

W. Bowen McRae Jr. managed almost $200 million with his associate Shirley Cook.

Roger Sullivan and Kyle Hawthorne, who managed approximately $145 million in client assets at Wells Fargo, left with their associate Meg Martinez.

Mr. McRae began his financial services career in 2007 at A.G. Edwards, a predecessor firm of Wells Fargo. Prior to that, he spent 10 years practicing law in Baton Rouge.

Mr. Sullivan also began his financial services career at A.G. Edwards — in 2000 — after having spent five years as a hospital pharmacist and 22 years as a minister.

Mr. Hawthorne began his financial services career in 2014 at Wells Fargo following a six-year career as an attorney.

0
Comments

What do you think?

View comments

Recommended for you

Featured video

Events

Behind the scenes at Pershing Insite 2018

What goes on behind the scenes at one of the industry's biggest conferences? Join us for an all-access sneak peek!

Latest news & opinion

Supreme Court ruling on SEC judges unlikely to upend advice industry

But it could give rise to new hearings for some advisers who are already in litigation with the agency such as Dawn Bennett.

It's official: DOL fiduciary rule is dead

The 5th Circuit Court of Appeals issued a mandate Thursday making its March 15 decision to strike down the regulation effective.

Advisor Group acquires Signator Investors and plans on folding it into Royal Alliance

Advisor Group takes 'orphan' broker-dealer off the hands of John Hancock Financial Services.

Supreme Court curbs SEC administrative law judges

'Buckets of Money' adviser Raymond Lucia is entitled to a new hearing, court rules.

Opaque, outdated 401(k) plan disclosures harming investors, advisers

Morningstar report: Lack of data on fees, investments makes advice on rollovers costlier and more challenging for investors.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print