Raymond James says it has recruited an advisor team with annual production of $1.3 million to its independent broker-dealer operation.
Prior to joining Raymond James, branch managers Peter Chapman and Michael Cardwell, along with advisors Patrick Fazio and Juan E. Papadopulos, managed nearly $175 million in client assets at Wells Fargo, according to an announcement. The team now operates as Chapman & Cardwell Capital, an independent firm in Marathon, Fla., offering securities through Raymond James Financial Services.
Chapman and Cardwell both began their careers in 2000, according to FINRA's BrokerCheck. It wasnt until 2010, however, that the duo began working together, Raymond James said. Fazio and Papadopulos later joined the team at Wells Fargo.
Raymond James also recently lured $1 million producer James Pohlman from Wells Fargo, where he too managed around $175 million in client assets, according to the firm.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access