Donald Runkle, ex-chief compliance officer for Raymond James Financial Services, joining law firm

Plans to help Edgerton & Weaver, which specializes in representing B-Ds, RIAs and registered reps, build its consulting business.
MAY 13, 2014
The former longtime chief compliance officer for Raymond James Financial Services Inc., Donald Runkle, is joining the law firm of Edgerton & Weaver as director of consulting services. With offices in California, New York and Florida, Edgerton & Weaver specializes in representing broker-dealers, registered investment advisers and registered reps in litigation and regulatory matters. “This representation has also led to a growing variety of consulting engagements, and the firm has asked me to join them to lead these consulting efforts and grow the practice,” Mr. Runkle wrote in an e-mail to InvestmentNews. “Our group will be helping clients develop, implement and execute strategies to mitigate or eliminate litigation and regulatory risks.” Mr. Runkle's departure last month from Raymond James Financial Services came as a surprise to some who know that firm well. He had been with RJFS — and its prior incarnations — since 1993. With 3,279 affiliated registered reps and advisers, RJFS is the independent broker-dealer arm of Raymond James Financial Inc. It is the third largest independent broker-dealer in the industry, with $1.35 billion in 2013 revenue, according to InvestmentNews' latest survey.

Latest News

Time to get on the China ETF train? Advisors speak up
Time to get on the China ETF train? Advisors speak up

Chinese stocks have been flying for the past month. Should US wealth managers go along for the ride?

Fidelity reports data breach exposing 77,000 customers' personal data
Fidelity reports data breach exposing 77,000 customers' personal data

The investment giant said Social Security numbers, driver's licenses, and other sensitive information was compromised by a third party using newly established accounts.

Another ex-Edelman advisor joins Baird in Virginia
Another ex-Edelman advisor joins Baird in Virginia

The employee-owned hybrid firm's latest hire in Fairfax reportedly managed $285M at his previous firm.

Milton adds to climate-change worries for retirees
Milton adds to climate-change worries for retirees

The hurricane is the latest severe-weather event in a retirement destination, underscoring the concerns about climate change that clients bring up, financial planners say.

$26B RIA EP Wealth strikes private market alliance with Opto Investments
$26B RIA EP Wealth strikes private market alliance with Opto Investments

The tech-driven alts platform will provide support to advisors seeking customized portfolio access for their high-net-worth clients.

SPONSORED Destiny Wealth Partners: RIA Team of the Year shares keys to success

Discover the award-winning strategies behind Destiny Wealth Partners' client-centric approach.

SPONSORED Explore four opportunities to elevate advisor-client relationships

Morningstar’s Joe Agostinelli highlights strategies for advisors to deepen client engagement and drive success