Raymond James Welcomes San Diego Advisor Group Managing $1.1 Billion in Assets

Core Insights - Raymond James Financial Services has welcomed five financial advisors from The Manning Companies, enhancing its independent advisor channel [1][2][3] Group 1: Company Overview - Raymond James Financial Services, Inc. is a financial services firm that supports independent financial advisors across the nation, with total client assets of approximately $1.69 trillion as of August 31, 2025 [5] Group 2: New Advisors - The new advisors include Michael A. Manning, William B. Corder, Roger D. Groves, Heather R. Nicholas, and Richard Carlquist, who collectively managed around $1.1 billion in client assets at their previous firm [2][3] Group 3: Strategic Partnership - The Manning Companies chose Raymond James after a thorough evaluation, citing its prestigious independent broker/dealer status and advisor-centric model as key factors [3] - The transition is expected to enhance service delivery for high-net-worth clients and retirement solutions [5]