St. Petersburg, Fla.-based Raymond James has added two RIA affiliates to its Investment Advisors Division.
Lakeview Capital Partners, an advisor-owned wealth management firm in Atlanta with $2.6 billion in assets under management, will bring its 27-member team led by CEO John Williams Jr. to Raymond James.
Lakeview has additional offices in Charlotte, N.C.; Greenville, S.C.; and LaGrange, Ga.
Saling Wealth Advisors, a $250 million firm based in Louisville, Ky., joins Raymond James from Hilliard Lyons. Led by CEO Eric Saling, the firm focuses on high-net-worth individuals, families, retirees and corporate executives.
“We are pleased that Saling Wealth Advisors and Lakeview Capital Partners both selected Raymond James to provide them with comprehensive custodial services,” said Bill Van Law, president of Raymond James's Investment Advisor Division. “They both put a lot of thought and due diligence into making this decision, and concentrated on finding a true partner that provided the type of resources, platform, technology and service to enable them to deliver an extraordinary experience for their clients.”
Raymond James now has approximately 6,700 advisors serving more than 2.7 million client accounts with total assets of approximately $500 billion.