Raymond James Welcomes San Diego Advisor Group Managing $1.1 Billion in Assets
Rhea-AI Summary
Raymond James (NYSE: RJF) announced that five advisors from The Manning Companies in San Diego have joined Raymond James Financial Services, bringing approximately $1.1 billion in client assets as of the move on Oct. 9, 2025.
The team includes five named advisors and a 10-member operations group led by three support executives. They join from Commonwealth Financial Network and will offer wealth management and retirement-plan consulting through Raymond James’ independent-advisor channel, supported by the firm’s private wealth resources and technology.
Positive
- Adds approximately $1.1 billion in client assets to RJFS
- Onboards five experienced advisors, expanding San Diego presence
- Includes a 10-member operations team for continuity of service
- Strengthens retirement-plan consulting capabilities for RJFS
Negative
- None.
Insights
Raymond James adds a San Diego team managing
The move brings five advisors—led by The Manning Companies—and a 10‑member operations team to Raymond James Financial Services, with the group transferring from Commonwealth and reporting approximately
Primary dependencies include successful client retention and operational integration with Raymond James’ private wealth resources and technology, both mentioned as support in the announcement. The advisors’ explicit client‑first orientation and the firm’s platform compatibility reduce integration friction but do not eliminate the need to retain relationships during transition.
Watch client transfer confirmations, retention metrics, and any near‑term announcements about migrated assets or platform adoption over the next 3–12 months; those items will show whether the stated client service continuity and asset consolidation goals are realized.
St. Petersburg, Fla., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Raymond James (NYSE: RJF) recently welcomed five financial advisors with The Manning Companies (TMC) in San Diego to Raymond James Financial Services (RJFS) – the firm’s independent advisor channel – according to Casey McGee, Western assistant division director for RJFS.
The advisors are Michael A. Manning, AIF®, MBA; William B. Corder, AIF®, CPFA®; Roger D. Groves, CLU®; Heather R. Nicholas, AIF®, CLTC®; and Richard Carlquist, CFP®, AIF®. Together, they provide wealth management to high-net-worth clients and retirement solutions for employers, employees and executives. They join from Commonwealth Financial Network, where they managed approximately
“After a five-month deep dive on who we thought would be the best partner for our clients and the firm, Raymond James stood above the rest. We feel we ended up at one of the most prestigious, independent broker/dealer with an advisor-centric model and a robust platform of products and services to offer our clients. We couldn’t be more excited,” said Manning, CEO of TMC.
Supporting the advisors are TMC’s Director of Operations Tina Emmet, Operations and Client Service Manager Camellia Perez-Hunter, and Office Manager and Marketing Coordinator Elizabeth Steffanic, who lead the group’s 10-member operations team.
“It’s a privilege to welcome the advisors and associates of TMC to Raymond James,” said McGee. “They bring not only deep experience in retirement plan consulting and wealth management, but also a client-first approach that is deeply compatible with our own. With the backing of the firm’s robust private wealth resources and advanced technology, I’m confident they’ll continue to deliver a high level of service for the clients and organizations they serve.”
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
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. The Manning Companies is not a registered broker/dealer and is independent of Raymond James Financial Services.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Justin Mayfield Raymond James Financial 727.567.2824
FAQ
Who joined Raymond James (RJF) from The Manning Companies on Oct. 9, 2025?
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