Tim Killgoar will become vice president, director of strategy and consulting at the Financial Institutions Division of Raymond James, the company announced Wednesday.

Killgoar, who currently serves as Raymond James’ director of client experience, will assume his new role on May 11. Prior to joining Raymond James, Killgoar worked at Anderson LLP’s Charlotte-based national financial services practice, then moved to Bank of America.

Raymond James also announced the retirement of Dan Mallard, vice president, director of business consulting, after nine years with the Financial Institutions Division and 40 years in the investment management and brokerage industries.