A team of 16 financial advisors and 23 branch professionals, operating as Summit Financial Group in San Ramon, Calif., has joined Raymond James Financial Services (RJFS), the firm’s independent advisor channel, the company said.
Formerly with Securian Financial Services, where they managed more than $2.6 billion in client assets, the team of advisors at Summit Financial Group includes Nathan Bennett, Steven Wilcox, Don Ledoux, Jay Gilson, Vanessa Savage, Gina Morais, Brendan Noonan, John O’Dea, Aaron Peabody, Michael Schomaker, Cody Smith, Jeneen Slack, Connor Merrigan, Kim Damiani, Dash Grammer, and Robert Avey.
According to the Summit website, the business first took root over 15 years ago, when founders Nathan Bennett, Steve Wilcox, and Don Ledoux turned a lunch meeting into an impromptu strategy session about building a wealth management practice. They teamed up a few months later. Today, they and their team provide clients with comprehensive planning and wealth management services, with a specialty in serving business owners.
“After a strenuous due diligence process, Raymond James became our top choice because of its resources, client-first culture, and the caliber of people in leadership,” Bennett said. “The firm has the integrated technology that allows us to serve clients at a high level and the horsepower to help deliver solutions in the most complex financial situations. We are confident that our partnership with Raymond James will help allow us to deliver on our vision of enriching lives, specifically those of our clients, our people, and our community.”
Headquartered in St. Petersburg, Fla., Raymond James Financial Services Inc. (RJFS) is a wholly owned subsidiary of Raymond James Financial Inc., a diversified financial services company with approximately 8,700 financial advisors worldwide. As of July 31, 2023, the firm reported total client assets of about $1.31 trillion.