Raymond James has added a team of three financial advisers who managed about $409 million at Merrill Lynch. The advisers will join the firm’s employee adviser channel, Raymond James & Associates, the firm said.
Steve Harman, Mark DeGon and Jake Phillips are based in Spokane, Washington, and will operate as Panorama Wealth Management of Raymond James. They were joined in the move by two staffers, Jennifer Jones and Kaitlyn Harman.
Harman has almost 30 years of experience, having started at Merrill in 1992 as a wealth management adviser. DeGon started at Merrill in 1993. Phillips worked as a certified public accountant before joining Merrill Lynch in 2014.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
A new PitchBook analysis unpacks sticking points relating to liquidity, costs, and litigation risk for would-be investors and plan sponsors.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
The collaboration will give RIAs yet another access point into the alternatives space through a new unified managed account capability.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
