Raymond James has announced that four new firms with combined assets of $410 million have affiliated with the firm's RIA division.
Affiliating in Buffalo, N.Y., is Deborah Stauring of Winthrop Financial with $160 million in assets, and Michael Pratt of Pratt Collard Advisory Partners, with $108 million in assets. Both were formerly associated with Harold C. Brown & Co., which announced a couple of months ago it would close, mainly because of regulatory requirements, and the members would join other firms or establish their own investment advisor businesses.
Steven Elefson of Viking Wealth Advisors has opened an office in Jackson, Mo. He moves to Raymond James from Ameriprise Financial Services, where he managed $92 million in client assets.
Finally, Michael Weber of Research & Portfolio Management has established an office in Crescent Springs, Ky. He was formerly affiliated with Cantella, managing $50 million in client assets.
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