Kirk Abrahamson, who managed $312 million at RBC Wealth Management in West Des Moines, Iowa, and David Gray, who managed $104 million there, have joined the employee unit of Raymond James.
Abrahamson, who has been in the financial services industry for more than three decades, began his career at Merrill Lynch, then spent more than a decade as an adviser at Piper Jaffray before joining RBC Wealth Management in 2002. Client relationship consultants Michael Rowedder and Colby Spann made the move along with Abrahamson.
Gray, a 33-year veteran, began his career at JPMorgan Chase Bank, where he worked for 11 years. He was with RBC Wealth Management for more than 20 years.
[More: Raymond James cutting 500 jobs]
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
Celebrity endorsements, $500M in claimed assets, and a state regulator stepping in.
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
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
