Raymond James said Monday that a four-adviser team in Virginia that had managed $340 million in assets at Merrill Lynch has joined Raymond James Financial Services, the firm’s channel for independent advisers.
Jon Schubert, Brent Bigney, Mike Morrison and Adam Stalcup operate as Resolute Private Wealth in Forest, Virginia. They were joined in the move by staffers Stacey Hytree and Amy Tesi.
Schubert, the firm’s president and managing partner, has 19 years of experience, according to his BrokerCheck report. He had been affiliated with Merrill Lynch since 2017 and earlier worked at Edward Jones.
Bigney has 15 years of experience and had been affiliated with Merrill Lynch since 2011, after working at Edward Jones. Morrison, who serves as chief marketing officer, and Stalcup, who serves as chief operations officer, both joined Merrill in 2018.
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.
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