Raymond James is strengthening its presence in the East Coast as an experienced advisor cuts off his longstanding affiliation with Morgan Stanley.
Raymond James & Associates, the employee advisor channel of Raymond James, has announced the addition of financial advisor Matt Bennett to its Wilmington, North Carolina branch.
Bennett previously managed $120 million in client assets at Morgan Stanley, where he spent more than 15 years prior to his move to RJA.
His BrokerCheck profile shows he had over 25 years of experience in financial services, which includes his start at Liberty Funds in 1998 as well as affiliations with Citi, Merrill Lynch and Smith Barney.
Bennett, alongside senior registered client service associate Danielle Rich, will now operate as Matt Bennett of Raymond James under the leadership of branch manager David Thomas.
In a statement, he highlighted Raymond James' culture and technology as key factors, allowing him "to continue offering bespoke, high-quality financial strategies to my clients."
He also underscored the "independence offered to advisors" by the firm, along with "its steadfast focus on client needs."
Raymond James' recruitment flow has been steady this September with four moves announced in the past four weeks, including a veteran Wells Fargo advisor in California, a $360 million team from LPL, and a $1 billion group with expereience from Zion Bank and LPL.
Elsewhere in Utah, Raymond James also welcomed another experienced advisor from D.A. Davidson.
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