Steward Partners Global Advisory LLC, an employee-owned, financial services firm affiliated with Raymond James Financial Services, announced that it has tapped Christopher Davis as a divisional president for New York and New Jersey. Steward also announced the addition of two teams in its expansion along the East Coast.
Davis brings more than 30 years in the financial service industry with senior leadership experience. He was most recently a market manager for Wells Fargo on Long Island, N.Y., supervising 190 brokers, eight offices and $17 billion in client assets.
He will oversee growth and development in New York and New Jersey, including Paramus and Morristown, N.J., and New York City locations. Davis will coordinate team strategy and training for Steward’s advisory teams, plus provide support for team growth and succession opportunities.
Joining Steward’s Morristown, N.J., office are David Elwood and Richard Elwood of the Elwood Wealth Management Group. They join from Wells Fargo, where they oversaw $194 million in client assets.
Matthew Baltuch, formerly of Morgan Stanley, has also joined the Morristown office and will lead his own team with about $250 million in client assets.
Steward also announced that it has been joined by McCormick-Spain Wealth Management Group in New England.
Wayne McCormick and Steven Spain bring more than 47 years of experience to the firm and oversee more than $175 million in client assets. They will join Steward’s existing office in Manchester, one of three offices that Steward operates in New Hampshire.
Steward also has office locations in Albany, N.Y.; Andover and Boston, Mass.; Baltimore and Bethesda, Md.; Clearwater, Fla.; Keene and Portsmouth, N.H.; Houston; Richmond, Va.; and Washington, D.C. The partnership caters to families and institutions.