NYSE:RJFCapital Markets
Raymond James Advisor Hire Adds Scale And Tests Growth Narrative
Raymond James Financial (NYSE:RJF) has hired a private client group team managing substantial client assets from a competitor.
The advisors previously sat on the LPL Financial platform, which had recently acquired Commonwealth Financial Network.
This move expands Raymond James's wealth management footprint and adds scale to its private client group business.
For investors watching NYSE:RJF, the recruitment comes with the stock around $161.16, after a 53.8% return over 3 years and 111.5%...