Raymond James has added a 17-member Reston, Va.-based team that managed $2.9 billion in client assets to Raymond James & Associates, the firm’s employee advisor channel, according to a news release.
The Wise Investor Group of Raymond James, formerly with Baird, is led by managing directors Simon Hamilton, Gregory Smith and Chris Aime. They are joined by five other financial advisors: David Mount, Ann Summerson, Chase Hinderstein, Matthew Anderson and Nicholas Sorden. The team, with the exception of Anderson and Sorden, has worked together since 2000, when they were at Ferris, Baker Watts Inc. Anderson joined Baird in 2008 and Sorden in 2012. Everyone else had been with Baird for 15 years.
“After considerable thought, planning and months of due diligence, our team wholeheartedly felt Raymond James offers the best opportunity to enhance what we can accomplish together with our clients,” Hamilton said in a statement. “The firm has a long history of putting clients first and is equipped with a breadth of resources–from sophisticated wealth planning expertise to forward-looking technology. As we look ahead, we’re certain this decision will allow our group to continue to evolve and thrive throughout this new chapter."
The team, which serves a client base that includes a mix of business owners, executives, retirees, families and individuals, also includes portfolio analysts Edward Holton, Kevin Haddon and Vasilios Rajendra; sales associates Matias Rodlauer, Heather Phelps, Angie Miller and Abel Chavez Lopez; and branch operations specialists Tamara Burkhalter and Brendan ”Joe” Hamill. They are supported by RJA’s Chesapeake Complex, led by complex manager Warren Wright, the release noted.
“For this highly respected and experienced group to join Raymond James is a testament to our shared values and vision and their resounding confidence in the firm’s unique advisor offerings and client focused culture,” said Tash Elwyn, president and CEO of RJA.