Raymond James Welcomes New $261 Million Program with First National Bank of Sparta
Raymond James (NYSE: RJF) announced that First National Bank of Sparta selected its Financial Institutions Division to support the bank’s investment program, Patton Wealth Management, effective Oct. 13, 2025. PWM, led by advisor Brian Patton, manages approximately $261 million in client assets and will provide clients wealth management through Raymond James Financial Services.
PWM team members Pam Burns and Becky Ohms join the alignment; PWM was founded in 2017 and Patton has more than three decades of industry experience. Raymond James highlighted its advisor-focused service model, platform and technology as reasons for the partnership.
Raymond James (NYSE: RJF) ha annunciato che First National Bank of Sparta ha scelto la sua Financial Institutions Division per supportare il programma di investimento della banca, Patton Wealth Management, con effetto dal 13 ottobre 2025. PWM, guidata dall'advisor Brian Patton, gestisce circa 261 milioni di dollari di attività dei clienti e fornirà ai clienti la gestione patrimoniale tramite Raymond James Financial Services.
I membri del team PWM Pam Burns e Becky Ohms si uniscono all'allineamento; PWM è stata fondata nel 2017 e Patton vanta oltre tre decenni di esperienza nel settore. Raymond James ha evidenziato il proprio modello di servizio focalizzato sugli advisor, la piattaforma e la tecnologia come motivazioni della partnership.
Raymond James (NYSE: RJF) anunció que First National Bank of Sparta seleccionó su Financial Institutions Division para apoyar el programa de inversión de la banco, Patton Wealth Management, con efecto a partir del 13 de octubre de 2025. PWM, liderada por el asesor Brian Patton, administra aproximadamente 261 millones de dólares en activos de clientes y proporcionará a los clientes gestión de patrimonio a través de Raymond James Financial Services.
Los miembros del equipo PWM Pam Burns y Becky Ohms se unen a la alineación; PWM fue fundada en 2017 y Patton tiene más de tres décadas de experiencia en la industria. Raymond James destacó su modelo de servicio centrado en el asesor y su plataforma y tecnología como razones para la asociación.
Raymond James (NYSE: RJF)는 First National Bank of Sparta가 2025년 10월 13일부로 은행의 투자 프로그램 Patton Wealth Management를 지원하기 위해 자사의 금융기관 division을 선택했다고 발표했다. PWM은 자문가 Brian Patton이 이끄는 것으로, 고객 자산 약 261백만 달러를 관리하며 Raymond James Financial Services를 통해 고객에게 자산 관리 서비스를 제공할 것이다.
PWM 팀 멤버인 Pam Burns와 Becky Ohms가 합류한다; PWM은 2017년에 설립되었으며 Patton은 업계에서 30년 이상의 경력을 보유하고 있다. Raymond James는 파트너십의 이유로 자문가 중심의 서비스 모델, 플랫폼 및 기술을 강조했다.
Raymond James (NYSE: RJF) a annoncé que First National Bank of Sparta a choisi sa Financial Institutions Division pour soutenir le programme d’investissement de la banque, Patton Wealth Management, à compter du 13 octobre 2025. PWM, dirigé par le conseiller Brian Patton, gère environ 261 millions de dollars d’actifs de clients et fournira aux clients une gestion de patrimoine via Raymond James Financial Services.
Les membres de l’équipe PWM Pam Burns et Becky Ohms rejoignent l’alignement; PWM a été fondée en 2017 et Patton compte plus de trente ans d’expérience dans l’industrie. Raymond James a mis en avant son modèle de service axé sur les conseillers, sa plateforme et sa technologie comme raisons du partenariat.
Raymond James (NYSE: RJF) kündigte an, dass First National Bank of Sparta seine Division für Finanzinstitute gewählt hat, um das Investitionsprogramm der Bank, Patton Wealth Management, ab dem 13. Oktober 2025 zu unterstützen. PWM, geleitet vom Berater Brian Patton, verwaltet ca. 261 Millionen USD an Kundengeldern und wird den Kunden Vermögensverwaltung über Raymond James Financial Services anbieten.
PWM-Teammitglieder Pam Burns und Becky Ohms schließen sich der Ausrichtung an; PWM wurde 2017 gegründet und Patton verfügt über mehr als drei Jahrzehnte Branchenerfahrung. Raymond James hob sein beraterFokus-Service-Modell, Plattform und Technologie als Gründe für die Partnerschaft hervor.
Raymond James (NYSE: RJF) أعلن أن First National Bank of Sparta اختارت قسم المؤسسات المالية التابع له لدعم برنامج الاستثمار للبنك، Patton Wealth Management، اعتباراً من 13 أكتوبر 2025. PWM، بقيادة المستشار Brian Patton، يدير نحو $261 مليون من أصول العملاء وسيقدم للعملاء إدارة الثروات من خلال Raymond James Financial Services.
انضم أعضاء فريق PWM Pam Burns وBecky Ohms إلى هذا الترتيب؛ تأسست PWM في 2017 ولدى Patton أكثر من ثلاثة عقود من الخبرة في الصناعة. سلطت Raymond James الضوء على نموذج الخدمة الذي يركز على المستشار والمنصة والتقنية كأسباب للشراكة.
Raymond James (NYSE: RJF) 宣布 First National Bank of Sparta 选择其金融机构部門来支持银行的投资计划 Patton Wealth Management，生效日期为 2025 年 10 月 13 日。PWM 由顾问 Brian Patton 领导，管理大约 2.61 亿美元 的客户资产，并将通过 Raymond James Financial Services 为客户提供财富管理服务。
PWM 团队成员 Pam Burns 和 Becky Ohms 加入该协作；PWM 于 2017 年成立，Patton 拥有超过 三十年 的行业经验。Raymond James 强调其以顾问为中心的服务模式、平台和技术，是促成这次合作的原因。
- $261 million in client assets transferred to Raymond James
- Advisor-focused service model and advanced technology platform
- PWM team retains boutique, personalized service while expanding capabilities
- Brian Patton brings 30+ years of industry experience
- None.
Insights
Raymond James FID wins a $261 million advisory program transfer, expanding its advisor network and client assets.
Raymond James will receive advisory business from Patton Wealth Management, led by Brian Patton, as First National Bank of Sparta aligns PWM to deliver wealth services through Raymond James Financial Services. The program represents approximately
The transaction depends on successful integration into the Financial Institutions Division's advisor-focused service model, technology platform and operational processes. Key execution risks include platform migration, client consent or paperwork frictions, and preserving existing client relationships during the transition. The announcement cites cultural fit and expanded capabilities for high-net-worth and business owner clients as drivers but provides no performance guarantees.
Watch for client transfer completion milestones and any public reporting of retained asset levels or new business sourced after the alignment in the next 3–12 months. Monitor updates on operational integration, advisor continuity and whether the relationship materially increases managed assets or product offering scope beyond current levels.
St. Petersburg, Fla., Oct. 13, 2025 (GLOBE NEWSWIRE) -- Raymond James (NYSE: RJF) announced today that the First National Bank of Sparta (FNBS) has selected its Financial Institutions Division (FID) to support the bank’s investment program, Patton Wealth Management (PWM), according to Stephen Kruchten, president of FID. Through this new alignment, PWM will provide clients with wealth management services through Raymond James Financial Services.
Based in Sparta, Illinois, PWM is led by financial advisor Brian Patton, who manages approximately
“FNBS and PWM have consistently demonstrated a strong commitment to delivering trusted advice and meeting the financial needs of clients across southern Illinois and neighboring communities,” said Jon DeMayo, vice president of business development at FID. “We are eager to support their continued growth with the advisor-focused service model, full suite of resources and advanced technology platform that distinguish Raymond James FID.”
Patton brings more than three decades of experience in the financial services industry, beginning his career at The Heitner Corporation before becoming an advisor with Investment Centers of America, Inc. He founded PWM in 2017 and holds a bachelor’s degree in business from Eastern Illinois University.
“Our decision to transition our investment program to Raymond James was guided by cultural alignment and a shared commitment to client-first values,” said David Sternberg, president of FNBS. “As we evaluated our options, we found that FID offered the best long-term fit for our team and clients – providing the independence, advisor-focused service model and robust platform needed to support continued growth. We are confident this new chapter will enable PWM to thrive, maintaining the boutique feel and personalized service our clients expect while expanding our capabilities for high-net-worth and business owner clients.”
About the Financial Institutions Division
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions.
About Raymond James Financial Services
Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS provides a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with financial advisors throughout the United States, Canada and overseas. Total client assets are approximately
About First National Bank of Sparta
First National Bank of Sparta is a locally owned and operated community bank based out of Sparta, Illinois. The bank has deep roots in the community, helping generations of local families with banking services over the last 140 years. Today, it stands as one of the community’s premier banks, dedicated to helping current customers and the next generation achieve their financial goals.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, and are not insured by bank insurance, the FDIC or any other government agency, are not deposits or obligations of the bank, are not guaranteed by the bank, and are subject to risks, including the possible loss of principal. First National Bank of Sparta and Patton Wealth Management are not registered broker/dealers and are independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.
Justin Mayfield Raymond James Financial 727.567.2824
FAQ
What did Raymond James announce about First National Bank of Sparta on Oct. 13, 2025?
How much in client assets does Patton Wealth Management bring to Raymond James (RJF)?
Who leads Patton Wealth Management and what is their experience?
Will PWM clients keep personalized service after moving to Raymond James (RJF)?
Which Raymond James unit will support the FNBS investment program?
Which PWM team members are mentioned in the Raymond James alignment?
