Raymond James and Ameriprise Add Advisor Teams Overseeing $285M in Assets
Raymond James and Ameriprise Financial have recently announced the addition of new advisor practices, collectively overseeing nearly $285 million in client assets. Raymond James expanded its Financial Institutions Division by recruiting Nick Weber, Jim Peavey, and Kevin Stone to First Investments & Planning at FNBO. This Kansas City-based team, previously associated with Country Club Trust Company acquired by FNBO, manages approximately $145 million. The move aims to deepen FNBO's market presence and support its integration efforts. Simultaneously, Ameriprise Financial welcomed Strickoff Financial Services, led by Kive Strickoff, into its branch channel from Commonwealth Financial Network. Managing nearly $140 million in assets, the practice joined The Atlantic Group in Boca Raton, Florida, as part of a long-term succession plan facilitated by Ameriprise’s External Practice Acquisition Program. These transitions highlight ongoing consolidation and strategic growth within the wealth management sector, with firms leveraging acquisitions and succession planning to enhance service capabilities and market reach in key regions like Kansas City and Florida.
Wire timeline
Raymond James and Ameriprise Add Advisor Teams Overseeing $285M in Assets
Raymond James and Ameriprise Financial have recently announced the addition of new advisor practices, collectively overseeing nearly $285 million in client assets. Raymond James expanded its Financial Institutions Division by recruiting Nick Weber, Jim Peavey, and Kevin Stone to First Investments & Planning at FNBO. This Kansas City-based team, previously associated with Country Club Trust Company acquired by FNBO, manages approximately $145 million. The move aims to deepen FNBO's market presence and support its integration efforts. Simultaneously, Ameriprise Financial welcomed Strickoff Financial Services, led by Kive Strickoff, into its branch channel from Commonwealth Financial Network. Managing nearly $140 million in assets, the practice joined The Atlantic Group in Boca Raton, Florida, as part of a long-term succession plan facilitated by Ameriprise’s External Practice Acquisition Program. These transitions highlight ongoing consolidation and strategic growth within the wealth management sector, with firms leveraging acquisitions and succession planning to enhance service capabilities and market reach in key regions like Kansas City and Florida.
InvestmentNews