Raymond James recruited a crew of Cetera Funding Companies-affiliated advisors managing about $3 billion in enterprise and particular person shopper belongings to its Monetary Establishments Division, Raymond James mentioned Monday.
The crew consists of 50 monetary professionals in all from Columbia Wealth Advisors, positioned at Umpqua Financial institution, headquartered in Lake Oswego, Oregon, with a complete of about $50 billion in shopper belongings, it says.
Along with Oregon, Umpqua Financial institution has workplaces in Arizona, California, Colorado, Idaho, Nevada, Utah and Washington, Raymond James mentioned in a information launch.
Cetera didn’t instantly reply to a request for remark Thursday about dropping the $3 billion crew.
By way of the brand new alignment, the advisor crew will provide its purchasers funding and wealth administration companies by Raymond James Monetary Companies.
The advisor crew consists of Rhonda Arnett, Brooke Baker, Shane Boehm, Harold Boucher, Sean Breen, John Brunk, Kurt Chase, Carleen Dunagan, Devon Dunagan, Jacob Dusek, Tom Godwin, Patrick Hale, Drew Henrickson, Michael Henson, Ken Hughie, Amy Jamison, Rilee Johnson, Will Moran, Jennifer Morehouse, Diana Ortiz, Bob Reineke, Nori Roman, Jeff Schlenker, Adriane Shaw, Jane Sobottka, Josh Sternberg and Edward Ventham.
They’re being joined by Debora Dinehart, a legacy and threat marketing consultant, and Merry Dooley, a wealth planning supervisor.