Raymond James has expanded its profile in the East Coast again as it nabbed seven advisors from Ameriprise in Valhalla, New York.
The defecting advisors, who previously managed more than $1.1 billion in assets collectively, established three separate practices within RayJay's independent advisor channel, Raymond James Financial Services.
Led by Jak Cukaj, Neal Siena, Charles Camilleri and Brigitte Davison, the new firms specialize in serving high-net-worth households, multi-generational families, and retirement-focused clients.
Cukaj and Siena launched QuantumView Wealth Management, alongside advisors Adam Sloane and William Longing. Their team includes two client service managers, Elissa Levy and Maura Fronio.
“Providing exceptional service to our clients and their families is at the core of our mission,” Cukaj said in a statement, highlighting Raymond James's "alignment with our values, commitment to advisor independence, and ability to support our continued growth.”
Meanwhile, Camilleri founded Camilleri Wealth Management, supported by client service specialists Vicky Lee, Louis Seekircher and Kim Rottingen. Davison established a third practice with advisor Lilibeth Miranda.
All four founding advisors bring between 15 and 30 years of industry experience. Alex David, northeast division director at Raymond James Financial Services, said the additions strengthen the firm’s position in the region.
“Their collective industry expertise and sophisticated approach make an outstanding addition to the firm,” David said.
Immediately before its recruitment burst in New York, RJFS also welcomed Wesley Coyle in Austin, Texas, where he will lead The Coyle Group.
Coyle, whose 25 years of experience most recently included a dozen years at Morgan Stanley, previously oversaw approximately $225 million in client assets. He is supported by Lauri Camden, vice president of operations.
Raymond James has taken great pains to upgrade its independent advisor offering this year, including a new in-house recruiting service for indie advisors and adding a novel advisor equity financing program to its exiting practice capital solutions platform.
Meanwhile, Sanctuary Wealth recently announced its debut partnership in Oklahoma with the launch of CopperSky Wealth, an Elk City-based RIA led by Justin Koch.
Formerly with Edward Jones, Koch managed $225 million in client assets before launching the firm with support from Sanctuary and custody services through Goldman Sachs, which has been working furiously to expand its reach in the RIA custody space.
Koch, along with financial advisor Kari Payne and client associate Joy York, aims to deliver personalized planning to high-net-worth clients in the region’s oil and gas, business, and executive sectors.
“We couldn’t be more excited about the tremendous opportunities ahead of us with Sanctuary and Goldman in our corner,” said Koch.
Vanilla is extending its estate planning tech to Callan Family Office's ultra-high-net-worth business, while WealthFeed's organic growth engine will now be available to roughly 100 advisors at The Mather Group.
“We are helping families take an important first step toward building a financial foundation for the next generation,” said Franklin Templeton CEO Jenny Johnson
Richard Brothers Financial Advisors joins the fee-only RIA, adding its first Maine office and $240 million in client assets
Cleveland RIA grows to $68 billion in assets as Philadelphia team, deepening its high-net-worth and retirement-plan practice.
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