Raymond James attracts $300 million team from LPL Financial

Raymond James attracts $300 million team from LPL Financial
The Michigan-based advisers were affiliated with LPL for more than 15 years.
OCT 31, 2016
By  Bloomberg
A team of advisers managing $300 million in client assets left LPL Financial last week to join Raymond James Financial Services Inc. Chad Keim, Vince Little, and Brian Oswald, advisers at Oakleaf Financial Services, the investment arm of Sturgis Bank & Trust Co., based in Sturgis, Mich., were affiliated with LPL Financial for more than 15 years. “These advisers put their clients' best interest first and that's also how Raymond James operates,” Carolyn Gaynoe, business development specialist for the financial institutions division at Raymond James, said in an interview Thursday. “Their vision aligns very well with ours.” “We are excited to align with Raymond James, and for the ability to offer our clients and community premier access to the best service in the industry,” Mr. Keim, president of Oakleaf, said in a statement. LPL Financial was not immediately available to comment. Updates earlier version of the story to fix quote and spelling of Carolyn Gaynoe's name.

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