Advisor moves: Raymond James lands $700M Truist duo in Florida

Raymond James has recruited two Florida-based advisors who oversaw approximately $700 million in client assets at Truist, joining two other announcements from &Partners and Janney Montgomery Scott to cap off another busy month of advisor movement.

Truist duo joins Raymond James employee channel

Lance Longwater and Christopher “Ryan” Haffey have joined Raymond James & Associates, the firm’s employee advisor channel, as managing directors. Gregg Stupinski, the channel’s South Atlantic regional director, announced the hires.

With support from senior registered client service associate Traci Havens, the group has been featured among Forbes' best-in-state wealth teams this year. Now operating as Longwater Haffey Group of Raymond James, they provide financial planning and customized investment strategies to individuals, families and institutions.

Longwater has more than 26 years in the industry, including 14 at Truist Investment Services. Haffey is also a financial services veteran, with a registration record going back to 2000.

“We joined Raymond James to build on the personal, planning-centered approach our clients value while gaining access to the firm’s broad resources and capabilities,” Longwater said. “The AI-forward technology platform at the firm supports our ability to focus on attentive, relationship-focused service.”

Read more: Raymond James taps Vanguard's chief architect to drive AI strategy

&Partners adds Texas family practice from Edward Jones

Riseling Wealth Management, based in Dumas, Texas, has joined &Partners with $357 million in prehire assets under management.

The practice is led by Larry Riseling and his son Reid Riseling, both partners and wealth advisors. Another son, Craig Riseling, is a wealth management associate. Senior client service associate Denise Meschke and client service associate Brooke Brown round out the team.

The three were previously affiliated with Edward Jones, according to their BrokerCheck records with FINRA.

The practice focuses on investment management and retirement income planning for farm and ranch families, energy workers, retirees and multigenerational families.

Riseling is the 132nd practice to join &Partners and the fifth in October. Nine practices with approximately $7.4 billion in prehire assets have joined over the past two months alone.

At the end of the third quarter, &Partners reported $65 billion in assets.

Read more: &Partners taps two UBS leaders to run its private wealth business

Janney recruits Edward Jones advisor in Miami

Christopher Manimbo has joined Janney Montgomery Scott in Miami as senior vice president/wealth management, the firm announced Friday. He reports more than $250 million in client assets, and was previously affiliated with Edward Jones.

Thomas Fagan, a senior registered private client associate, made the switch with Manimbo. The team will also have a presence in Janney’s Fairfield, Connecticut office.

Manimbo has nearly 20 years of experience in financial services. He began his career as an investment banking analyst before becoming an advisor at Edward Jones.

“I’ve built my practice around understanding what matters most to each client and developing wealth management strategies that reflect their individual goals,” Manimbo said. “Janney gives me the flexibility and personalized support to continue working that way, backed by the resources and capabilities to serve clients as their needs evolve.”

The Philadelphia-based firm said it has added 10 advisors in South Florida in recent years, across Miami, Boca Raton, Palm Beach and the surrounding region.