Raymond James is deepening its presence in the Northeast as it signs a powerhouse advisor team from Commonwealth Financial Network.
The firm announced that Raymond James Financial Services, its independent advisor arm, has welcomed a team of five financial advisors and three client service professionals from Lightship Wealth Strategies in Newton Lower Falls, Massachusetts.
An independent advisory group managing around $800 million in assets, the team is led by Jonathan Wolff, Scott Schutte, Justin Turcotte, Jack Wolff, and Evan Mattern, who are supported by three client service professionals.
Collectively, the advisors have over a century of experience in the financial services sector.
“After extensive due diligence, we decided to partner with Raymond James for its comprehensive resources and, most importantly, the level of trust that comes from our deep alignment of values,” Wolff, the founder of Lightship, said in a statement.
Wolff’s career in financial services stretches back more than four decades to 1983, including the last 18 years spent at Commonwealth. Before that, he spent 23 years with Northwestern Mutual Investment Services.
He cited “the culture at Raymond James” focused on “[delivering] high-quality service to clients with a long-term view,” as well as its “leading-edge technology, its banking and lending capabilities and wide range of high-net-worth options,” as driving factors in their decision to join
“With the firm's flexible platform, advanced technology and support, I’m confident that we will continue to deliver high-quality financial guidance and strategies to our sophisticated clients while continuously striving to elevate their experience,” Schutte said.
Raymond James is welcoming Lightship on the heels of its onboarding a husband-and-wife advisor team in Oklahoma and a former Merrill Lynch advisor in Tampa, Florida.
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