Raymond James attracts $350M Merrill team

Five-person group opens firm's first office in Williamsport, Pa.
MAR 21, 2017

A five-person team that managed $350 million in client assets at Merrill Lynch has joined the employee unit of Raymond James. Led by Brian Pick and Terri Fought, who operate as Pick Fought Wealth Advisors in Williamsport, Pa., the team includes analyst Michael Bridgham, adviser Craig Fought and service associate Christine Engel. "We are delighted to welcome Brian, Terri, Mike, Craig and Christine to Raymond James and to help us establish the first RJA office in Williamsport," said Bill Theis, Raymond James & Associate's mid-American complex director. "They are an exceptional team with a great reputation, and we believe, as they tap into all the tools and resources we have to support both their practice and their clients, they will be even more successful in growing their business." Mr. Pick began his financial services career in 1996 at Merrill Lynch. At Pick Fought Wealth Advisors, he oversees the investment strategy, determining the most appropriate asset allocation and investments for clients based on both internal and external research. Terri Fought began her career at Merrill Lynch in 1997. Prior to that she owned and operated several retail stores in Bloomsburg, Pa.

Latest News

Easy to buy, harder to exit: The liquidity risk hidden inside ETFs
Easy to buy, harder to exit: The liquidity risk hidden inside ETFs

Getting a client into a fund has never been easier – but after that, the hardest part is yet to come.

FINRA bars NYLIFE rep who used smart glasses to cheat on Series 6
FINRA bars NYLIFE rep who used smart glasses to cheat on Series 6

A former NYLIFE Securities rep was permanently barred after using internet-enabled glasses to cheat on the Series 6 exam

Vanguard settled Just Invest lawsuit weeks before Altruist deal
Vanguard settled Just Invest lawsuit weeks before Altruist deal

Both of Vanguard's acquisitions have targeted the RIA industry, but the first ended in a legal settlement just weeks before buying Altruist.

Ex-Raymond James duo launch Proxima on Concurrent's platform
Ex-Raymond James duo launch Proxima on Concurrent's platform

Chris Davitt and Anupam Singh bring institutional recruiting muscle to a firm built for advisors chasing equity and independence.

Osaic names Sayee Bellamkonda as first chief AI and technology officer
Osaic names Sayee Bellamkonda as first chief AI and technology officer

Appointment continues a wave of AI leadership hires reshaping wealth management as advisory firms race to build out digital and data infrastructure.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income