Janney duo managing $375 million moves to Alex. Brown
The father-and-son team of Bill and W. Grove Stewart will operate as Stewart Wealth Advisory Group in Annapolis, Maryland.
William “Bill” Stewart III and his son, W. Grove Stewart IV, who managed $375 million at Janney Montgomery Scott in Annapolis, Maryland, have moved to the Alex. Brown unit of Raymond James. They will operate as Stewart Wealth Advisory Group.
Bill Stewart began his securities career in 1986 at Kidder Peabody. He was later with Smith Barney and Donaldson Lufkin & Jenrette. In 2003 he joined Legg Mason Wood Walker, whose private client group became part of Citigroup in 2005 and of Morgan Stanley in 2008. Stewart joined Janney Montgomery Scott in 2009.
Grove began his career in 2017 when he joined his father at Janney as a financial adviser trainee.
[More: Raymond James rolls out new option for fee-only advisers]
Erin Botsford: First contain risk, then manage money
Learn more about reprints and licensing for this article.
