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Raymond James adds Tennessee team managing $832 million

Raymond James Tennessee

The nine-member group, which will do business as Fountain Financial Group, had been affiliated with First Horizon Advisors.

A group in Tennessee that managed $832 million has affiliated with Raymond James Financial Institutions Division through Pinnacle Asset Management, the wealth management arm of Pinnacle Financial Partners, which is affiliated with Raymond James through the financial institutions division.

[More: Raymond James shares pop on strong wealth management earnings]

The nine-member team, which is based in Memphis, Tennessee, and will do business as Fountain Financial Group, was previously affiliated with First Horizon Advisors.

Fountain Financial includes advisors Eric Fountain, Ben Nicol, Todd Ruston, Zach Wiggs and Wendy Fuller VanCleve. Paige Williams, a CPA, and three staffers are also making the move to Raymond James.

[More: Raymond James introduces data-driven actionable insights]

[Topic: Wealth management earnings]

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