St. Petersburg, Fla.-based Raymond James & Associates has announced that it’s opened a new Columbia, S.C. office and added Preston Covington III as managing director and senior vice president of investments there.
Covington formerly managed $375 million in client assets for Wells Fargo Advisors, earning annual revenues of over $2.4 million, and has served as an advisor for over 30 years.
The new office, which operates as the Covington Financial Group of Raymond James, is also staffed by Amanda Simconis, senior investment portfolio analyst, and Lindsey Sisk, registered client service associate.