William “Bill” Stewart III and his son, W. Grove Stewart IV, who managed $375 million at Janney Montgomery Scott in Annapolis, Maryland, have moved to the Alex. Brown unit of Raymond James. They will operate as Stewart Wealth Advisory Group.
Bill Stewart began his securities career in 1986 at Kidder Peabody. He was later with Smith Barney and Donaldson Lufkin & Jenrette. In 2003 he joined Legg Mason Wood Walker, whose private client group became part of Citigroup in 2005 and of Morgan Stanley in 2008. Stewart joined Janney Montgomery Scott in 2009.
Grove began his career in 2017 when he joined his father at Janney as a financial adviser trainee.
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
