Raymond James is capping off the week with yet another advisor joining its network. The firm announced that its Raymond James Financial Institutions Division has welcomed Joseph L. Martinez, a seasoned financial advisor, to Pinnacle Asset Management at Pinnacle Financial Partners.
Martinez is joining the Raymond James partner firm from Wells Fargo Advisors, where he previously managed a portfolio of around $243 million in client assets.
Pinnacle Asset Management is a division within Pinnacle Financial Partners, which is affiliated with Raymond James Financial Institutions Division. Pinnacle partners with Raymond James Financial Services Inc., the brokerage giant’s independent advisor division, to offer comprehensive advice and services to both businesses and individuals with significant investment needs.
Following his move from Wells Fargo, Martinez will be operating out of Pinnacle’s office in Nashville. He's accompanied in the move by Lucy Chism, a registered client services associate.
Martinez said his decision was driven by Raymond James’ robust investment platform and its embrace of innovative technologies.
“The comprehensive investment and financial planning platform provided by Raymond James, along with its steadfast commitment to investing in cutting-edge technologies, immediately caught my attention,” Martinez said in a statement.
He also lauded the focus on client experience shared by “every member of the organization.”
With a career spanning more than two decades in financial services, Martinez has earned numerous designations around retirement planning, wealth management, and asset management.
Martinez’s move to Raymond James comes shortly after another seasoned advisor joined the firm's employee advisor arm in Florida, bringing with her a portfolio of more than $750 million.
And earlier this week, the brokerage giant signed a three-decade veteran of the industry, Martin Lutschaunig, who joined its independent advisor channel in Pennsylvania from Merrill Lynch.
LPL Financial and Raymond James also add independent advisors from Osaic and Edward Jones in Michigan and Arizona.
The SEC-registered RIA advises on more than $1 billion in client assets, with no advisory fee through 2027 and no human financial advisors.
The four wirehouse firms lost 1,449 experienced advisors and recruited 932 in the first six months of the year, according to Diamond Consultants.
Merit's 10th Commonwealth addition deepens its Western New York reach, while another Hightower partner joins its Signature Wealth platform in Michigan.
Report on Climate Action 100+ signals risk for passive managers' 13G status heading into the 2027 proxy season.
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
