Adrian John, who managed $200 million at Edward Jones in Seattle, has gone independent and affiliated with Raymond James Financial Services, the firm's independent adviser channel, Raymond James said.
John began his career in finance in 2010 at Edward Jones after earning a degree in social work and operating a small business.
Client services staffer Katherine Bowers is joining John in the move.
“Our primary strength is helping clients to plan for and stay on track to meet their financial and retirement goals," John said in a statement. "Raymond James offers planning software which incorporates more complexity and nuance, enabling me to advise clients on these important matters with better accuracy."
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
