Raymond James is fortifying its leadership in the wealth space as it announces new advisors joining its network from Morgan Stanley and UBS.
The firm announced that it recently added financial advisors Eric G. Werner and Vincent "Randy" Whatley to its employee advisor channel, Raymond James Advisors.
The seasoned duo, who are joining RJA from Morgan Stanley, bring with them a portfolio of approximately $350 million in client assets.
Along with senior registered client associate Alyssa Kerins, Werner and Whatley will be operating in RJA’s new Hanover, New Hampshire office, as Northeast Legacy Group, marking an extension of the firm’s footprint in New England.
Aside from offering wealth management and investment advice to families, businesses, institutions and municipalities, the new office will have an eye on providing family office services and managing endowments at nonprofits, as well as management and strategic consulting for nonprofit organizations.
“We are excited to align with Raymond James, a company with a deep focus on wealth management,” said Werner, a nearly 30-year veteran of the industry whose resume includes time spent at Morgan Stanley, Merrill Lynch and Citigroup Smith Barney.
Whatley brings fresh meaning to the phrase “veteran advisor.” Aside from having more than two decades of financial planning and investment service experience, he served in the U.S. Army.
“Eric and Randy's arrival and stewardship in establishing RJA's new Hanover office epitomize the firm's unwavering commitment to providing personalized financial solutions to clients in the Northeast,” Kelly Anderson, Northeast regional director for RJA, said in a statement.
Raymond James also recently welcomed a Florida-based financial advisor, James “Buck” Williams, to its independent advisor channel, Raymond James Financial Services.
A founding partner of Coastal Oak Wealth Advisors, Williams managed over $235 million in assets at UBS Private Wealth Management, where he helped clients with generational wealth management, investment strategy, risk management, and legacy planning.
Williams is joined by Robert Mistretta, another UBS alum, to provide wealth management analysis, financial planning, and client support at Coastal Oak Wealth Advisors.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
