Farther and Raymond James are both expanding their advisor ranks, with Farther reporting a record second-quarter recruiting haul and Raymond James welcoming a veteran team managing $300 million in assets.
Farther, a technology-driven wealth firm, announced that its asset pipeline has surpassed $13 billion, including assets under management and those expected from new advisors joining in the coming months. With these additions, the firm’s AUM is set to nearly triple since the start of 2025. In the second quarter alone, 27 advisors from 15 states joined Farther, reflecting a broad range of specialties and backgrounds.
To support this growth, Farther named three new managing directors to its RIA leadership team: Bryan D’Alessandro, Thor Gould, and Tim Bohnett. The trio will focus on advisor success, team development, and strategic initiatives aimed at delivering technology-powered wealth solutions nationwide.
“As our advisor community grows, we are deepening our investment in the leadership, infrastructure, and resources that help them thrive,” Taylor Matthews, CEO and co-founder of Farther, said in a statement lauding the firm's recruitment milestone. “Bryan, Thor, and Tim bring the experience and energy needed to continue building the most advisor-forward firm in the industry.”
Gould, one of the new managing directors, noted a shared sense of independence among the firm's newest additions, emphasizing a focus on "more flexibility, more ownership, [and] more opportunity to serve clients their way."
Meanwhile, Raymond James has brought on Thomas Ray and Matt Broch, co-founders of Heartland Capital Wealth Management of Raymond James, to its employee advisor channel.
Before joining Raymond James & Associates, the Springfield, Illinois-based team – which includes senior registered client service associate Michelle Roher – managed approximately $300 million in client assets at Wells Fargo Advisors.
Ray, who has more than thirty-two years of experience, cited the firm’s “strong reputation, modern resources and people-first culture” as reasons for the move.
Broch, with over twenty-three years in the industry, has worked extensively with professionals, business owners, and the agricultural community.
The addition of Heartland Capital Wealth Management extends other recent wins at RJA, including a UBS advisor who seceded from the wirehouse in California and a Florida-based advisor who joined from Merrill Lynch.
Correction: Story previously incorrectly referenced Ray and Broch's previous firm.
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