WASHINGTON, Oct. 25, 2017 /PRNewswire/ -- Steward Partners
Global Advisory, LLC, an employee-owned, full-service independent
partnership associated with Raymond James Financial Services, Inc.
(member FINRA/SIPC), announced today that Timothy Davis, CFP®, Managing
Director and Wealth Manager, Michaelyn
Bortolotti, Vice President and Wealth Manager, have
joined Steward Partners from Morgan Stanley, where they managed
approximately $200 million in client
assets. Additionally, Michael
Carilli, Vice President and Senior Registered Client
Administrative Manager, joins the team from Fidelity. Year to date,
Steward Partners has added over $2.5
billion in recruited assets under management and 25 new
wealth managers.
The Davis Executive Wealth Management Group specializes in
assisting publicly traded corporations and their executive
employees. Davis and his team offer concierge-level service in the
following types of planning: 10b5-1 plans, non-qualified stock
options (NQOs), Rule 144, concentrated equity risk management,
pre-IPO and pre-M&A planning, incentive stock options (ISOs),
control and restricted stock/stock options, and wealth management
and financial planning.
"Tim Davis' corporate and
executive services experience makes him a valuable addition to
Steward Partners and Raymond James. There are a limited number of
advisors in the country who have his skill set and background. We
look forward to working with The Davis Executive Wealth Management
Group and Steward Partners," said Jeff
Fordham, Managing Director and Head of Corporate and
Executive Services at Raymond James.
"We are thrilled to welcome Tim, Michaelyn and Michael into our
Boston office," said Steward's
CEO, Jim Gold. "They are a quality
team and highly respected professionals. They have built a very
impressive and unique business model and take great pride in
delivering an exceptional client experience. Early on in the
process of getting to know each other, it was obvious that this was
a good fit."
"In a world where the investment side of the business has become
increasingly commoditized, this new opportunity will provide us
with more resources and tools to allow our team to deliver the
world-class service and execution our clients have come to expect,"
said Davis. "I've had the benefit of working with some of the
largest executive services groups at wirehouses and banks. With the
combination of Raymond James Corporate and Executive Services Group
and Steward Partners, the opportunities for our clients are
abundant."
Bortolotti added, "With the expanded resources, administrative
support and benefits of becoming a partner at Steward Partners, we
can genuinely say that our interests and our clients' interests are
aligned as one. This was the right move for our clients, our
business and our families."
Steward Partners continues to garner positive attention from
advisors and media all over the region. In August, Steward
Partners' Boston office was
featured on the cover of Financial Planning magazine,* which
detailed the specialized process that Steward has developed for
managing the unique complexities of advisor transitions.
This process has enabled Steward to keep pace with, and indeed
surpass, its record-setting recruiting of 2016. Additionally, in
June, Steward Partners' Washington
office was awarded the "Best Place to Work"** in the medium-sized
company category in Washington Business Journal's annual
survey.
Since November 2013, Steward
Partners has added over 70 advisors with over $55 million in trailing 12-month production and
over $7.5 billion in assets under
management. Earlier this year, Steward Partners announced the
opening of the firm's ninth and tenth locations, in Clearwater, Florida, and Boston respectively.
About Steward Partners Global Advisory
Headquartered in Washington,
D.C., with additional offices in Albany, N.Y., Andover and Boston,
Mass., Bethesda, Md.,
Clearwater, Fla., Keene, Manchester and Portsmouth, N.H., and New York City, Steward Partners Global
Advisory, LLC, is an employee-owned, full-service independent
partnership catering to family, institutional and multigenerational
wealth.
For more information, visit us at
www.stewardpartners.com.
About Raymond James Financial Services, Inc.
Raymond James Financial Services, Inc., is a financial services
firm supporting more than 3,900 independent financial advisors
nationwide. Since 1974, Raymond James Financial Services, Inc.,
member FINRA/SIPC, has provided a wide range of investment and
wealth planning related services through its affiliate, Raymond
James & Associates, Inc., member New York Stock Exchange/SIPC.
Both broker/dealers are wholly owned subsidiaries of Raymond James
Financial, Inc. (NYSE-RJF), a leading diversified financial
services company with approximately 7,300 financial advisors in
3,000 locations throughout the United
States, Canada and
overseas.. Total client assets are $681
billion.
Steward Partners Holdings and Steward Partners Global
Advisory, LLC, maintain a separate professional business
relationship with, and our registered professionals offer
securities through, Raymond James Financial Services, Inc., member
FINRA/SIPC. Investment advisory services offered through Steward
Partners Investment Advisory, LLC, 1776 I Street NW, Suite 700,
Washington, DC 20006. Toll
Free: (844) 801-8268.
*http://files.parsintl.com/eprints/S047265.pdf
**https://finance.yahoo.com/news/steward-partners-awarded-best-place-185000722.html
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SOURCE Steward Partners Global Advisory LLC