A California-based financial advisor managing about $275 million in client assets is joining Raymond James, the firm announced, with numerous additions in the past several weeks totaling about $1 billion.
Amy Wasser will join Raymond James from Edward Jones, and is accompanied by client relationship managers Melinda Fairweather and Laura Kurtzer. Wasser Wealth Management will be based out of the Bay Area city Pleasant Hill, Calif., and Wasser’s previous clients include business owners, families, women, and investors and clients who’ve suddenly attained considerable wealth.
Wasser’s career at Edward Jones began in 1999, according to her AdviserInfo profile, and she worked as a financial advisor and held numerous regional leadership and coaching roles during her tenure. Wasser said she was looking forward to her “next chapter” in the industry.
“This new endeavor allows me to offer clients some of the industry’s most comprehensive resources, true customized strategies and a high level of service,” she said.
Wasser’s move to Raymond James was the firm’s second addition announced this week. On Tuesday, the firm revealed that Naples, Fla.–based advisory duo John Patat and Joel Gravina joined Raymond James from Morgan Stanley. The two advisors, who collectively managed about $175 million in client assets, would form Focus Wealth Management of Raymond James along with client services associates Stephen McLaughlin and Morgan Gatlos.
“During this transition, we have seen firsthand the importance Raymond James places on supporting advisors and the positive impact that has on the client experience,” Gravina said.
According to Raymond James, Patat began his 25-year career in the industry as an assistant trader for Prudential Securities in New York City, before joining Wells Fargo in 2003 as an advisor and later making the move to Morgan Stanley in 2012. Gravina has more than 10 years of experience in the industry, starting at Wells Fargo as a financial advisor. Like Patat, he subsequently transitioned to Morgan Stanley, making his move in 2015.
Last week, Raymond James announced a trio of additions, collectively totaling hundreds of millions in assets. Like Wasser, Houston-based advisor Lance Murphy also made the move to Raymond James from Edwards Jones, where he’d managed about $207 million in assets, serving a range of high-net-worth individuals, families and business owners. He’d spent 26 years in the industry, starting at A I M Funds before working in management positions for Van Kampen Funds and Hines Real Estate Investments, as well as a stint as managing director with Invesco, where he developed retail alternative investment strategies.
Additionally, a Houston-based duo with about $350 million in assets also joined Raymond James. Brandon Glasscock and Mandy Haskell departed Wells Fargo to join with Wealth Partners Alliance, a collection of independent advisors who affiliate with Raymond James. Glasscock began his career in the industry in 2000 as a financial advisor at Ameritas, later working for Capital One before joining Wells Fargo in 2007. Haskell’s been in the industry for more than 15 years, with stints at Commonwealth, Advisors Asset Management and Invesco before joining Wells Fargo in 2018.
Meanwhile, in Tucson, Ariz., another advisor from Edward Jones made the move to Raymond James, with Stuart Scibetta joining with Crux Wealth Advisors, another partnership of Raymond James–affiliated independent advisors. Scibetta previously managed about $118 million in assets; in addition to Edward Jones, Scibetta worked at Charles Schwab and Wells Fargo. He’ll now run the Tucson office for Crux Wealth Advisors.