Advisor moves: Women-led Edward Jones team jumps to Ameriprise with $300M

Ameriprise, Raymond James, and Commonwealth continued to attract experienced advisors this week, including a female-led Edward Jones team in Ohio and a 35-year veteran who parted ways with Osaic. 

Kendall Wealth Management joins Ameriprise for flexibility and independence

Ameriprise Financial has welcomed Kendall Wealth Management, a family-led practice based in New Philadelphia, Ohio, that brought over $300 million in assets from Edward Jones.

The team, led by Kiley Kendall, includes her husband and son, and cited Ameriprise’s independent channel as a key factor in their decision to move.

Kendall said the firm offers “independence, a wealth of resources, and flexibility that better align with our commitment to putting clients first, supporting our growth – all while staying true to the values that define our practice.”

The team emphasized the ability to tailor strategies for clients with a range of needs, from emerging investors to high-net-worth families.

“Ameriprise empowers us to tailor strategies to each client’s goals and complexities,” Kendall said. She also pointed to the firm’s reputation and technology as important factors.

The practice plans to leverage Ameriprise’s integrated planning tools to support multi-generational planning and deepen relationships in their local community.

Ameriprise has continued to attract experienced advisors, with approximately 1,700 reportedly joining the firm over the past five years.

Raymond James adds South Carolina advisor managing $165 million

Raymond James has expanded its independent advisor channel with the addition of Kevin Brown, who managed $165 million in assets at Osaic before joining the firm’s Charleston, South Carolina, office.

Brown, who operates as R.E. Baxter and Associates, has provided financial planning services for three decades and is joined by office manager Karen Rose.

He said the move was motivated by Raymond James’ “research, resources and advanced technology,” which he believes will allow him to serve his clients with complex wealth management needs more effectively.

“With these tools, I can design strategies tailored to high-net-worth individuals and families while maintaining the personalized approach that has guided my career for more than 30 years,” said Brown, whose clientele includes business owners, corporate executives, families, individuals, and retirees.

Brown's addition in South Carolina breaks a four-day streak of Commonwealth recruitment at Raymond James thise week, which most recently included defections in Florida, Washington, and Oregon.

Commonwealth affiliate Union Street Financial adds $350 million team

Commonwealth Financial Network has also made a significant addition, with advisors Thomas Kinslow and Brian Sanford joining Union Street Financial, a Commonwealth-affiliated firm in Kennett Square, Pennsylvania.

The pair, who previously worked at Morgan Stanley, bring nearly $350 million in client assets and more than 35 years of combined experience.

Sanford said the team was drawn by Commonwealth’s reputation and the resources available through its partnership with LPL Financial.

“With this move, we’ll have access to Commonwealth’s award-winning service paired with the scale of LPL’s expert resources, robust wealth management solutions, and advanced technology,” Sanford said.

Kinslow added that the transition to independence would allow the team to “enhance our offerings, provide next-level client service, and add solutions such as tax planning.”

Union Street Financial, which has been affiliated with Commonwealth since 2010, will continue to focus on serving ultra-high-net-worth clients, business owners, and families seeking multigenerational wealth planning, with a particular emphasis on stock options and equity compensation strategies.