Raymond James Poaches Stifel's $1 Billion KWM Wealth Advisory Team
Updated
Updated · Wealth Management · Jul 23
Raymond James Poaches Stifel's $1 Billion KWM Wealth Advisory Team
1 articles · Updated · Wealth Management · Jul 23
Summary
$1 billion KWM Wealth Advisory has joined Raymond James' independent advisor channel from Stifel, bringing four lead advisors and nine additional team members.
Pasadena-based KWM, which also has a Honolulu presence, said Raymond James' technology focus and leadership priorities aligned with the needs of its clients and advisors.
The team serves families, business owners, executives and retirees; its leaders include veterans with prior stops at LPL, Wells Fargo, UBS and, in Mitchell Kauffman's case, 27 years at Raymond James.
The move adds to Raymond James' recent recruiting push, which has also targeted breakaway Commonwealth advisors while the firm expands model portfolios and separately managed account options.