Raymond James Welcomes $1.8 Billion Financial Advisor Team in New Jersey and Florida

Core Insights - Raymond James Financial Services (RJFS) has welcomed a team of 16 financial advisors from Greenberg & Rapp, enhancing its independent advisor channel [1][2] - The new team collectively managed approximately $1.8 billion in client assets prior to joining RJFS, indicating a significant addition to the firm's asset management capabilities [2] - Greenberg & Rapp specializes in providing personalized financial and estate planning services for ultra-high-net-worth families, focusing on private placement life insurance and sophisticated wealth management strategies [2][4] Company Overview - Raymond James Financial Services, Inc. is a financial services firm that supports independent financial advisors across the United States, with total client assets of approximately $1.64 trillion as of June 30, 2025 [7] - The firm has been operational since 1974 and offers a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc. [7] Team Expertise - The founders of Greenberg & Rapp, Thomas C. Rapp and Ronald J. Greenberg, along with Managing Partner Patrick Maguire, bring extensive experience in wealth management and estate planning [2][3] - Ronald Greenberg has 37 years of experience in helping affluent individuals with exit planning and wealth preservation, while Thomas Rapp has over 30 years of experience in alternative assets and private wealth management [3][4] - The new team includes 14 senior financial professionals, enhancing the advisory capabilities of RJFS [2]