Raymond James welcomes $1B Utah advisory team

Raymond James welcomes $1B Utah advisory team
The trio of professionals joining Raymond James Financial Services in the mountain state come with experience from LPL and Zion Bank.
SEP 17, 2024

Raymond James has extended its independent advisor channel with a trio of experienced financial advisors joining in Utah.

Raymond James Financial Services announced Monday that it has brought on a Utah-based financial advisor team, which reported managing approximately $1 billion in client assets.

The team, consisting of Jaden Gurney, Trevor Hanson, and Jonathan Rogers, will be operating under the jurisdiction of Bill Counsman, Western division director for Raymond James Financial Services.

With offices located in Salt Lake City, Richfield, and St. George, the advisors provide financial planning services to clients, including business owners and individuals nearing retirement. Financial consultant Katie King and client service managers Jesica Mangum and Elisa Meacham have also joined the team.

Gurney, who has 12 years of industry experience, spent the last nine years at LPL Financial and Zion Bank after starting his financial career at Transamerica Financial Advisors in 2013. In 2015, LPL acquired the wealth division of Zions Bancorporation – the parent company of Zions Bank – which at the time held roughly $57 billion in assets.

In a statement, he highlighted how Raymond James supports their ability to "serve our clients with total independence and objectivity," letting them "take a more well-rounded approach to serving all facets of clients’ financial well being.”

Hanson, a United States Air Force veteran with nearly 18 years of financial advising experience, began his advisory career at Chase Investment Services in 2006 before spending time at Key Bank and Wells Fargo, then finally winding up in LPL and Zion Bank in 2015. He highlighted the firm's culture along with its "advanced technology and services" as "big draws for our team."

Rogers, who entered the industry in 2014, worked briefly at Fidelity Brokerage Services before moving to LPL Financial, where he spent nearly 10 years before joining Raymond James. With their move, he said the trio has been able to "focus on finding effective strategies for our clients’ financial needs well beyond standard investment management and products.”

It has been a sluggish month for recruitment at Raymond James so far. Its move in Utah marked only its second addition in September, following a $360 million Mississippi advisor team that also joined from LPL.

Latest News

Judge OKs more than $90 million in settlement money for GWG investors
Judge OKs more than $90 million in settlement money for GWG investors

Mayer Brown, GWG's law firm, agreed to pay $30 million to resolve conflict of interest claims.

Fintech bytes: Orion and eMoney add new planning, investment tools for RIAs
Fintech bytes: Orion and eMoney add new planning, investment tools for RIAs

Orion adds new model portfolios and SMAs under expanded JPMorgan tie-up, while eMoney boosts its planning software capabilities.

Retirement uncertainty cuts across generations: Transamerica
Retirement uncertainty cuts across generations: Transamerica

National survey of workers exposes widespread retirement planning challenges for Gen Z, Millennials, Gen X, and Boomers.

Does a merger or acquisition make sense for your firm? Why now is the perfect time to secure your firm’s future
Does a merger or acquisition make sense for your firm? Why now is the perfect time to secure your firm’s future

While the choice for advisors to "die at their desks" might been wise once upon a time, higher acquisition multiples and innovations in deal structures have created more immediate M&A opportunities.

Raymond James continues recruitment run with UBS, Morgan Stanley teams
Raymond James continues recruitment run with UBS, Morgan Stanley teams

A father-son pair has joined the firm's independent arm in Utah, while a quartet of planning advisors strengthen its employee channel in Louisiana.

SPONSORED RILAs bring stability, growth during volatile markets

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.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave