Tim Woods, Blake Brignac and Mitchell Woods, who managed approximately $453 million at Merrill Lynch in Lake Charles, Louisiana, have joined Raymond James & Associates — the firm’s employee adviser channel.
The adviser team — now known as Woods Brignac Wealth Management of Raymond James — is joined by client service associates Debbie Ardoin and Mackenzie Wright, Raymond James said in a press release Tuesday.
Tim Woods launched his wealth management career at Merrill Lynch in 1998. Brignac brings nearly a decade of advisory experience to Raymond James, following his tenure at Merrill Lynch. Mitchell Woods began his career in financial services with Merrill Lynch in 2016.
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.
