Raymond James announced Monday that it added a San Ramon, California-based team of financial advisors that oversaw more than $2.6 billion in client assets at Securian Financial Services.
Summit Financial Advisors is affiliating with Raymond James Financial Services, the firm’s independent advisor channel.
Summit, which has 16 advisors and 23 staff members, specializes in working with business owners.
“After a strenuous due diligence process, Raymond James became our top choice because of its resources, client-first culture, and the caliber of people in leadership,” Nathan Bennett, partner at Summit Financial, said in a statement. “The firm has the integrated technology that allows us to serve clients at a high level and the horsepower to help deliver solutions in the most complex financial situations.”
In addition to Bennett, Summit Financial’s advisors are Steven Wilcox, Don Ledoux, Jay Gilson, Vanessa Savage, Gina Morais, Brendan Noonan, John O’Dea, Aaron Peabody, Michael Schomaker, Cody Smith, Jeneen Slack, Connor Merrigan, Kim Damiani, Dash Grammer and Robert Avey.
Securian saw a number of its advisors exit after this year after Cetera Financial announced in January that it was acquiring Securian’s wealth business. That deal closed earlier this month.
New Allspring research finds 401(k) participants want guidance on income and rollovers, not just portfolio automation.
Aging homeowners hold record housing wealth - but most advisors still aren't bringing it into retirement plans
$1.7M invested from an inheritance. Then the phone went dead.
The pre-IPO platform sold $430M in units while allegedly rigging prices behind the scenes.
A Nationwide survey finds 47% of GLP-1 users have never discussed the drugs’ financial impact with an advisor, even as many dip into savings.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
