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.
With a fifth of RIA firms using AI to create marketing content, one leading voice argues a clear identity and focusing on clients will be crucial to success.
LPL Financial is a bellwether for the broader financial advice marketplace.
The San Francisco-based startup's Series A funding, with support from Schwab and Edward Jones Ventures, will reinforce its role in the coming $124 trillion wealth transfer.
The quartet of deals across New York, Florida, Ohio, and New Mexico reinforces the fast-growing integrator's leading position in the independent space.
UBS and Wells Fargo have made their own additions in the Northeast, including a Massachusetts duo defecting from Commonwealth.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
