A trio of advisers with about $1 billion in client assets under management are giving up their LPL affiliation to join Raymond James through the firm's independent channel.
Utah-based Jaden Gurney, Trevor Hanson and Jonathan Rogers moved from Zions Bank and LPL to Raymond James Financial Services, one of several advisor/team moves announced Monday.
Advisors have offices throughout Utah, in Salt Lake City, Richfield and St. Louis. They work with business owners, retirees and clients who have already retired.
Financial consultant Katie King and client services managers Jesica Mangum and Elisa Meacham will also make the trip to Raymond James. According to Hanson, the technology and advanced services were “big draws” for the team, while Gurney said the move allowed them to improve “relationships and take a more holistic approach” to helping clients.
According to SEC filings, Gurney spent 12 years in the industry, starting in 2013, with Transamerica before joining LPL in 2015. Hanson is a United States Air Force veteran who worked as an airplane mechanic. He joined Key Bank in 2006 after a brief stint at Wells Fargo and has been associated with LPL since 2015.
According to SEC filings, Rogers has more than 13 years of experience. He became a consultant in 2014 and briefly joined Fidelity before joining LPL.
in 2015, LPL acquired Zions Bank wealth management program, which held approximately $57 billion in total assets and had more than 450 offices throughout the West and Southwest (including Utah, Idaho, Wyoming, California, Texas, Arizona, Nevada, Colorado, New Mexico, Washington and Oregon).
JP Morgan Wealth Management adds an adviser managing $600 million
Michael Lopes, a Washington, DC-based advisor who manages more than $600 million in assets, is joining JP Morgan Wealth Management as a wealth partner.
Lopes came from Bernstein Private Wealth Management, where he focused on entrepreneurs and business owners.
Customer Service Associate Braxton Ransaw will join Lopes in the move. He will report to Market Leader Kim Bonanni, who reports to Northeast Regional Director Rick Penafiel. Lopes first joined Bernstein in 2014, according to SEC filings.
Wealthspire acquires 'Lifestyle Services'
Wealthspire Advisors, a New York-based registered investment advisory firm owned by global insurance brokerage NFP, disclosed its acquisition of Judith Heft & Associates on Monday.
Wealthspire CEO Mike LaMena said the acquisition was part of a broader effort to expand the firm “beyond traditional wealth management.”
“Wealthspire is committed to providing holistic and personalized services to our clients across the wealth spectrum,” said LaMena. “Judy and her team of professionals will go beyond bill payment services to simplify clients' living needs.”
According to a Wealthspire spokesperson, Judith Heft & Associates is not an RIA or “typical” service provider and does not directly manage client assets. Instead, they perform “high touch and lifestyle” services, helping families develop and maintain spending plans, bill payments and financial reporting.
They also assist clients with executive assistance, professional organization, travel services, vendor negotiations and general supervision, according to a Wealthspire spokesperson.
Wealthspire's 110 advisors manage $27.4 billion in assets in 23 offices across the United States.