Wells Fargo loses employee broker duo to Raymond James

Team in Virginia manages $138 million in assets.
MAR 20, 2017

A two-person team at Wells Fargo Advisors that managed $138 million in client assets has joined Raymond James & Associates, the firm's traditional employee channel, in Ashburn, Va. Sam Kim and financial planner Scott Mann operate as Kim Wealth Management of Raymond James, the firm said in a release. Mr. Kim began his financial services career in 1998 at Woodbury Financial Services. He joined First Union Securities in 2002, then spent three years with an independent office of Raymond James Financial Services in Harrisonburg, Va. To be nearer family, he joined Banc of America Investment Services in Virginia in 2007, and moved to Wells Fargo Advisors in 2009. Mr. Mann began his career in 2008 and worked as a retirement consultant with Lincoln Financial before moving to Wells Fargo Advisors in 2013. He became a financial consultant on Mr. Kim's team in 2016.

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

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