In Pikeville, Ky., Jimmy Blackburn and Reed Potter Jr. have joined Raymond James Financial Services, Raymond James’ independent broker-dealer, the company says in a press release.
They previously managed around $241 million at Merrill Lynch, according to Raymond James. The pair is joined by financial advisors Cheryl Robinette, Brianna LeRae Blackburn and Zachary Lukins, client service representative Evelyn Bear and client associate Misty Potter, according to the press release. The team operates as Legacy Financial Investment Services, Raymond James says.
“When reviewing firms, we were looking for somewhere we could really get a fresh start,” Jimmy Blackburn says in the press release. “Raymond James felt like the right place to do that, as here we are able to preserve our way of doing business with firm values and principles that align perfectly with ours. Our team made the move to help clients transition to a firm with a client-centric culture based on integrity, mutual trust, conservatism and independence.”
And in Greenwood, Ind., Erik Weiss has joined Raymond James & Associates, the firm’s employee advisor broker-dealer, operating as Weiss Financial Planning of Raymond James, Raymond James says in a separate press release.
He previously managed more than $200 million at JPMorgan, according to Raymond James.
In Manchester, N.H., meanwhile, Kevin Taube and Ashley Berberian have joined Steward Partners Global Advisory, the employee-owned independent partnership associated with RJFS, the company says in a press release. The pair previously oversaw more than $160 million at Merrill Lynch, according to Steward.
The wirehouse lost more advisors to Stifel in October, as well as several brokers to RBC Wealth Management, Ameriprise, First Republic and Lido Advisors. But Merrill Lynch’s advisor ranks had reached 17,657 by the end of the third quarter, up from 17,508 in the previous quarter and 17,456 in the third quarter last year.