Thursday, November 19, 2015

Raymond James Sets Recruiting Record: $3B Team

Merrill Lynch lost a team managing more than $2.9 billion to Raymond James & Associates,

According to press reports, the move set a new recruiting record for Raymond James, surpassing a $2.4 billion team that left Morgan Stanley to join Raymond James in Florida.

Advisors Chris Mahoney, his brother Kevin Mahoney, Mark C. Marotta, Kristen Koluch, and Phil Murphy joined the firm in West Nyack, N.Y., about  40 miles from Manhattan.

The team, which is led by Mahoney, generated $7.7 million in annual production, according to Raymond James.

Related Posts:

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Raymond James Sets Recruiting Record: $3B Team 

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Merrill Loses $800 Million in Assets to Independent Firm

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The attorneys at Sallah Astarita & Cox  have decades of experience in representing brokers, and firms, in broker transition issues, and have represented brokers moving to and from every major firm, nationwide. For more information call 212-509-6544 or send an email.

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