Raymond James Advances Asset Management and Practice Management Advisor Support with Leadership Appointments

Core Insights - Raymond James is enhancing its leadership team to strengthen its platform for financial advisors, appointing Doug Brigman as president of Asset Management Services and Michelle Lynch as senior vice president of Practice Management and Growth Consulting [1][6]. Group 1: Leadership Appointments - Doug Brigman will assume the role of president of Asset Management Services effective October 1, 2025, succeeding Erik Fruland, who is retiring after over 34 years with the firm [2]. - Brigman has been with Raymond James since 2008 and has held various leadership positions, including chief administrative officer and president of Raymond James Insurance Group [3]. - Michelle Lynch will take on the newly created role of senior vice president, Practice Management and Growth Consulting, effective May 5, 2025, focusing on supporting financial advisors throughout their business lifecycle [6]. Group 2: Strategic Focus - The firm aims to provide a premier platform for financial advisors, emphasizing fee-based investment solutions, consultation, and service excellence [2][4]. - Brigman expressed a commitment to enhancing collaboration among internal business units to support the growth of the advisory platform [5]. - Lynch highlighted the importance of helping advisors build and grow their businesses according to their unique needs and those of their clients [7]. Group 3: Company Overview - Raymond James Financial, Inc. is a diversified financial services company with total client assets amounting to $1.58 trillion [10].