Two teams managing a combined $590 million in client assets have moved to independent broker-dealer platforms, underscoring continued momentum in advisor recruiting at LPL Financial and Raymond James.
Firstly, Paul McCutchen and Jarod Wesson, AAMS, have joined LPL Financial from Edward Jones, where they managed approximately $190 million in advisory, brokerage and retirement plan assets. The pair has over 30 years of combined experience and will operate as McCutchen Wesson Wealth Advisors out of Marion, Ark., near Memphis, Tennessee.
Their client base spans business owners, retirees, multigenerational families and professionals throughout the Mid-South including a distinct niche serving farmers and agriculture-related businesses. That regional focus, combined with a hands-on service philosophy, was central to their decision to seek a more flexible platform.
Marc Cohen, LPL's chief growth officer, said the firm was "excited to welcome McCutchen Wesson Wealth Advisors to LPL and support their growth with the flexibility, planning capabilities and expanded resources that allow advisors to serve clients on their own terms."
In a separate move, Raymond James & Associates welcomed Adam E. Pearsall, CFP, to its employee advisor channel from UBS Financial Services, where he managed more than $400 million in client assets.
Pearsall will operate as Pearsall Wealth Management of Raymond James in Glens Falls, New York, supported by practice business manager Melissa Battiste and client service associate Tara Johnson.
Pearsall brings more than 26 years of experience at his former firm and holds the CFP professional designation. He earned his undergraduate degree from Colby College and has been named to the Forbes Best-in-State Wealth Advisor list for five consecutive years, including 2026.
He cited Raymond James' culture and investment in technology as key factors in his decision.
Kelly Anderson, Northeast division director for Raymond James & Associates, said the addition strengthens the firm's presence across a high-growth region.
"Adam makes a welcome addition to our growing presence in the Capital Region, which is one of the most vibrant and attractive growth markets in the Northeast," Anderson said. "Our continued investment in Saratoga Springs, Latham and now Glens Falls reflects our confidence in this community."
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