Raymond James Adds $514M Florida, $150M Arkansas Teams

Raymond James announced the recruitment of experienced financial advisor teams in Florida and Arkansas, adding nearly $665M in combined assets under management.

Sebring, FL-based Grubb group, which manages $514M in client assets, has joined RayJay’s employee advisor channel from Morgan Stanley. The group is led by Dale Grubb, Matthew Grubb, and Corbin Hoffner, with client service associate Leighann Hylan and business manager Joella Libero providing support. They serve a diverse group of clients, including business owners, agricultural professionals, retirees, and institutional investors, leveraging over 50 years of industry experience.

El Dorado, AR-based advisor Thomas Watts joined RayJay’s independent advisor channel, along with client service associate Stormie Griffith. The team moved from Edward Jones, where it spent more than three decades and at the time of the move managed $150M in client assets.

Sources: