Raymond James' Alex Brown unit loses team to SunTrust

Two veteran brokers most recently with the Alex Brown division of Raymond James have moved to SunTrust Private Wealth Management in Atlanta. Joining Todd Ryman and Will Rhodes at their new firm is Luke Bennett, most recently a partner with Salvus Capital Management, a private equity firm. Collectively, the team manages $200 million in client assets, according to a release from SunTrust. Mr. Ryman began his career as a broker at Bear Stearns in 1995 and worked at Josephthal, UBS PaineWebber, Banc of America Investment Services and Merrill Lynch before joining Deutsche Bank Securities, the predecessor of the Alex Brown unit at Raymond James. Mr. Rhodes began his career at Merrill Lynch in 1984 and worked at CS First Boston and Lehman Brothers before joining Deutsche Bank Securities in 2006. Mr. Bennett began his career at Lehman Brothers in 1996 and left in 2007 to found Salvus.