Raymond James extends Ohio presence with veteran Wells Fargo advisor

Raymond James extends Ohio presence with veteran Wells Fargo advisor
The latest addition to the independent wealth giant’s employee advisor unit comes after managing a reported $140M at his former firm.
AUG 06, 2024

Raymond James has extended its network in Ohio as it onboards a veteran advisor from Wells Fargo into its ranks.

The broker-dealer giant announced on Tuesday that it has welcomed Andrew Widing, a seasoned financial advisor, to its employee advisor unit.

Widing is joining Raymond James & Associates from Wells Fargo Advisors, where he reportedly managed over $140 million in client assets.

He transitioned into the Dublin, Ohio branch of RJA, where he’ll be working under the supervision of branch manager Mike Teller and Amy Smart, Mid-American regional director.

“Transitioning to Raymond James is a strategic move rooted in our commitment to a client-first philosophy and the pursuit of excellent service," Widing said in a statement on Tuesday.

He’ll be serving a diverse client base at his namesake practice, Andrew Widing Wealth Management of Raymond James, which includes healthcare professionals, pre-retirees and retirees, and business owners, as well as corporations.

Commending the firm’s “independence and unwavering focus on client needs,” the veteran with nearly 20 years of industry experience expressed optimism at his new affiliation and how it will “[empower] us to deliver personalized, high-quality financial strategies to our clients.”

"We are thrilled to join a firm that shares our dedication to integrity and client success, and we look forward to leveraging its robust resources and support to help enhance our clients’ financial journeys," he added.

Widing’s addition extends a streak of recruitment at RJA that’s persisted over the past several weeks. In July, the firm added three advisors that previously managed a collective total of more than $380 million at rival firms to its ranks.

More recently, the firm bolstered its presence in New York with an advisor formerly from LPL, where he reportedly managed $245 million.

Latest News

Want to get the most out of alts? You’ll have to do your homework
Want to get the most out of alts? You’ll have to do your homework

Advisors who expect an edge from alternatives' illiquidity premium – without understanding the underlying terms and explaining them to clients – have a world of learning to do.

US annuity sales see sixth straight $100B+ quarter
US annuity sales see sixth straight $100B+ quarter

The latest LIMRA data release shows continued growth in RILAs, variable annuities, and FRD products, though researchers argue more education is still needed.

RIA moves: Thiel's Indivisible welcomes Ride Wealth Partners, $4B Beacon snaps up Astor
RIA moves: Thiel's Indivisible welcomes Ride Wealth Partners, $4B Beacon snaps up Astor

Indivisible Partners builds on its strategy to take turf in the independent space with its latest move in Colorado.

Advisor moves: LPL adds $425M Evermark Investment Partners, $300M Merril Lynch group hops to Ameriprise
Advisor moves: LPL adds $425M Evermark Investment Partners, $300M Merril Lynch group hops to Ameriprise

LPL's latest addition, a San Diego team defecting from RBC, represents a milestone for the broker-dealer giant's Strategic Wealth model for wirehouse breakaways.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave