Raymond James Stock Price, News & Analysis

Lisa A. Detanna, Managing Director & Senior Vice President at Raymond James, was named to Forbes' list of America’s Top Women Advisors on March 24, 2021. This prestigious recognition is based on qualitative and quantitative factors, evaluating thousands of advisors. Detanna manages over $1.5 billion in client assets and has 30 years of experience. This accolade highlights her expertise in wealth management services, including estate planning and investment management.

Lisa A. Detanna, AIF, Managing Director at Raymond James & Associates, has been recognized in Barron’s list of the Top 1,200 Financial Advisors, published on March 14, 2021. This accolade highlights her exceptional performance, managing over $1.5 billion in client assets and providing services in wealth planning, investment management, and more. The ranking considers factors such as assets under management and regulatory history, rather than direct investment performance. Raymond James, a leading financial services company (NYSE: RJF), has over $1.02 trillion in total client assets.

Steward Partners Global Advisory has expanded into the Denver market with the acquisition of Harmony Private Wealth, which manages over $350 million in assets. The team, led by DeHaven Becker, Michael Stradt, and Janet Mabry, previously worked at RBC Wealth Management and brings over 45 years of combined experience. This move is expected to enhance Steward's national footprint and align with the new partners' values and goals. The firm aims to leverage Steward's technology platform to improve client service.

Lisa A. Detanna, a Managing Director at Raymond James, has been recognized on Forbes' Best-In-State Wealth Advisors list. The accolade, announced on February 11, 2021, highlights advisors with at least seven years of experience and considers factors such as revenue trends and compliance. Detanna, who joined Raymond James in 2011, has over 30 years of experience in wealth management, offering a wide range of services including financial planning and investment management.

Steward Partners Global Advisory has welcomed Webster Grosso Wealth Management, led by Ron Webster and Ed Grosso, to its partnership. The firm brings approximately $163 million in assets under management. Webster and Grosso, both seasoned financial advisors, are shifting from a traditional employee model to a partnership model, allowing for greater flexibility in serving clients. Jeff Gonyo, Divisional President at Steward Partners, anticipates significant growth in 2021 with this addition, highlighting the appeal of their hybrid business model.

Concurrent Advisors has successfully expanded its network by adding seven new advisor teams from various states, including Alaska, Florida, Kentucky, Michigan, and Mississippi. This growth has resulted in a total increase of over $1.1 billion in assets under management (AUM), bringing the network's total AUM to $9.1 billion. The partnership aims to provide independent advisors with robust resources and support during these challenging times, emphasizing a commitment to client service amid market volatility.

Steward Partners Global Advisory has appointed Rick Gaston as Mid-Atlantic Division President, succeeding Jeffrey Gonyo. Gaston brings over eight years of experience from Raymond James Financial, focusing on business development. His role involves supporting existing advisors and recruiting new talent. Steward Partners has rapidly grown to nearly 150 advisors in 24 offices since its launch. The firm has received accolades such as being listed in the Washington Business Journal's Best Places To Work and ranked #24 in Barron's Top 100 RIA Firms.

Raymond James has increased its COVID-19 relief donation from $1.5 million to $2.3 million, aiding healthcare initiatives in the US, Canada, and the UK. A portion, $50,000, will support hospitals in Los Angeles. CEO Paul Reilly emphasizes the firm’s commitment to community support during these challenging times, highlighting the importance of helping those in need.

Steward Partners Global Advisory has welcomed Praetorian Private Wealth, a team from Wells Fargo, managing over $300 million in assets, to its expanding hybrid platform. This move is part of Steward's effort to enhance its presence in Austin, Texas, a rapidly growing market with a strong tech industry. Praetorian's 6-member team, led by Rick A. Fuchs, emphasizes client-centric wealth management. Steward Partners continues to gain recognition, ranking #24 on Barron's 2020 List of Top 100 RIA Firms, reinforcing its position as a leading advisory firm.