Four-rep team from RBC managing $240 million moves to Raymond James
Bannister, Rainey Cavanaugh Wealth Group is based in West Des Moines, Iowa.
Kevin Bannister, Mark Raney, Nevin Cavanaugh, and Hobie Bannister, who managed $240 million at RBC Wealth Management, have moved to the employee unit of Raymond James.
[More: See more adviser moves in InvestmentNews’ Advisers on the Move database.]
They will join an existing Raymond James office in West Des Moines, Iowa.
Mr. Cavanaugh has been a financial professional for 20 years. He began his career with Merrill Lynch and later moved to UBS.
Kevin Bannister has been in the industry for 23 years, Hobie Bannister for 45 years.
Mr. Raney has been in financial services for 28 years, working at UBS before joining RBC Wealth Management.
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