Adviser duo managing $181 million at Raymond James joins B. Riley

Adviser duo managing $181 million at Raymond James joins B. Riley
Michael McCall and Michael Connelly open office in Devon, Pa.
JUN 03, 2019
Michael P. McCall and Michael J. Connelly, who managed $181 million at Raymond James in Devon, Pa., have joined B. Riley Wealth Management, marking the firm's first foray into Pennsylvania. Mr. McCall is a 25-year veteran of the securities industry. Before joining Raymond James in 2012, he worked at RBC Capital Markets; Ferris, Baker Watts; Advest; Bear Stearns; Smith Barney and Lehman Brothers. (More: See more adviser moves in InvestmentNews' Adviser on the Move database.) Mr. Connelly has been a financial adviser for 36 years. He also joined Raymond James in 2012 after working at RBC Capital Markets; Ferris, Baker Watts; Janney Montgomery Scott and AG Edwards.

Latest News

Nationwide finds Medicare myth on long-term care could cost Americans dearly
Nationwide finds Medicare myth on long-term care could cost Americans dearly

As a tsunami of retirees comes crashing in, three-fifths of those surveyed believe – wrongly – that the federal safety net will cover their LTC needs.

Advisor headcount down at Bank of America, Osaic and UBS so far in 2025, Wolfe Research analyst says
Advisor headcount down at Bank of America, Osaic and UBS so far in 2025, Wolfe Research analyst says

Counting advisor moves in and out of firms requires some art as well as science.

Fintech bytes: Orion, Altruist unveil new RIA-focused integrations
Fintech bytes: Orion, Altruist unveil new RIA-focused integrations

Orion's latest update, a partnership with 11th.com, focuses on an underserved area of compliance for advisors and wealth firms.

Raymond James reels in advisors managing $1B+ in Colorado
Raymond James reels in advisors managing $1B+ in Colorado

The latest arrivals, including a 10-advisor ensemble from Ameriprise, bolster the firm's independent contractor and employee advisor channels.

Shakeup at Athene as insurer names veteran Grant Kvalheim CEO
Shakeup at Athene as insurer names veteran Grant Kvalheim CEO

The firm has also appointed Mike Downing and Sean Brennan as co-presidents to its US operations as it looks to proceed with an ambitious five-year growth plan.

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