Raymond James finds growth in own back yard
Raymond James is expanding further in its home region of Central Florida, with the launch of its Tampa Bay complex.
Overseeing this initiative in the Tampa Bay area will be complex manager Doug Brigman, a Raymond James veteran. Brigman will be responsible for overseeing and growing branches, which includes a network of approximately 100 financial advisors across St. Petersburg, Tampa and Clearwater, Florida.
The complex is an internal management initiative to expand the firm's regional advisor base, not a geographical change.
“Having led a variety of strategic initiatives for the firm as a senior leader, Doug is a natural fit for this new leadership role,” Patrick O’Connor, Florida regional director for RJA, says in a statement.
The firm has been driving its expansion, pulling in talent from its competition.
Since Brigman joined Raymond James in 2008, he’s held a number of roles with the company including vice president positions overseeing cash and lending solutions, as well as private-client group strategy.
Brigman wasn’t available to comment directly.
“Raymond James is the hometown team for local advisors and their clients,” he said in a statement. “Our vision is to make Raymond James not only the firm of choice for advisors in the Tampa Bay area, but also the firm of choice for their clients… With the support of headquarters in our own backyard, I look forward to leveraging my experience to serve our local financial advisors, as they adapt to industry trends, grow their businesses and help clients achieve their financial goals.”
Raymond James has been on a recruiting push through most of 2017 and into 2018. The firm has been scooping up talent from a number of its rivals including Merrill Lynch, Morgan Stanley, Wells Fargo and Ameriprise.