Raymond James has picked up a wirehouse breakaway team in Guam that includes two advisors who managed $287 million at their old firm.
David Beaver and Aaron Sanchez have joined Raymond James & Associates, the firm's employee advisor channel, from Merrill Lynch, along with client service associates Hope Chamberlain and Toni Vegafria, as well as investment account associate Brianna Tabilas.
Beaver has 26 years of industry experience and has been a financial advisor since 2000, picking up multiple certifications along the way including the certified investment management analyst, certified private wealth advisor, certified portfolio manager and certified plan fiduciary advisor.
Sanchez’s career as a financial planning and investment management professional includes more than 15 years at Merrill Lynch. He holds the chartered retirement planning counselor professional designation.
The team will operate as David Beaver & Associates of Raymond James, and Beaver explained the decision to join RJA.
"The pivotal factor in our decision to align with Raymond James was the firm's steadfast commitment to operating with integrity and supporting its advisors, associates and clients. This paradigm firmly resonates with our own values and business approach," said Beaver, senior vice president of investments. "We're excited to join Raymond James and for the positive changes this transition should bring about for our clients."
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The collaboration will focus initially on strategies within collective investment trusts in DC plans, with plans to expand to other retirement-focused private investment solutions.
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