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Raymond James Recruits $1.1B Team From Baird
['Diana Britton', 'Executive Editor', 'Wealth Management']
wealthmanagement
Raymond James has recruited a second $1 billion-plus firm in as many weeks with the addition of The Carlson Group of Raymond James, a Cranberry Township, Pa.-based team with about $1.1 billion in client assets.
The team joins the firm’s employee advisor channel from Baird.
The team includes advisors Kurt Carlson, Kenneth Breaden, Cassidy Carlson and Brian Koble.
“Our decision to join Raymond James was proactive and rooted in the firm’s genuine commitment to helping clients succeed,” Kurt Carlson said in a statement.
Related:Edward Jones Set for January Bank Launch to Widen Client Lending OptionsThis follows last week’s news that Raymond James added Capital Reserve Group of Raymond James from Comerica, a regional commercial bank, where the team managed $5.4 billion in client assets.