Billion-dollar Morgan Stanley team goes indie with Raymond James
Foursome creates Campbell Johnson McGiboney Wealth Advisors in Franklin, Tennessee
A four-adviser team managing $1.1 billion at Morgan Stanley in Nashville, Tennessee, has gone independent and affiliated with Raymond James.
Randy Campbell, Eric A. Johnson, Mason McGiboney and Stacy Womack now operate as Campbell Johnson McGiboney Wealth Advisors in Franklin, Tennessee.
[More: Raymond James still ‘very pleased’ with recruiting in face of COVID-19]
Campbell, the founder of the team’s practice, began his career in 1990 at The Robinson Humphrey Co., which through mergers and name changes became part of Morgan Stanley.
Johnson began his career 25 years ago at Smith Barney, where he began working with Campbell.
McGiboney and Womack joined the team in 2014 and 2016, respectively.
Carson Group acquires $200 million firm
Doylestown-based Strategic Wealth Partners is Carson's first foray into Pennsylvania.
Delaying RMDs would have minimal tax impact, study finds
TIAA Institute research paper finds that even eliminating RMDs would have little effect on government revenues and says the effect on retirees depends on whether they have a bequest motive.
