Raymond James & Associates has recruited financial advisor Stephen Valelly as senior vice president of investments in its Dallas office. Valelly previously worked at Jefferies & Company, where he managed more than $100 million in client assets. A 33-year financial services industry veteran, Valelly previously was president of Bank of Boston International and partner at Coral Rock Investments. He began his career as a commodity trading advisor before transitioning into wealth management.

Raymond James & Associates provides financial planning for individuals, corporations and municipalities.

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