Skip to content
Friday, October 23, 2026 · Today’s edition, 6:30 a.m. ETFri, Oct 23 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in
Private Wealth Daily
NewsAdvisorsRecruiting & transitions

Eight Raymond James brokers register $1.4B RIA, keep custody at firm

Seven of the eight advisors are keeping brokerage licenses through Kingswood Capital Partners while the new firm will continue to custody with the St. Petersburg, Florida-based firm.

By the Recruiting & transitions desk1 source

Eight brokers affiliated with Raymond James Financial Services in Chattanooga, Tennessee registered their own RIA, Round Table Advisors, last week, with about $1.4 billion in client assets, AdvisorHub reported, citing a Forbes ranking.

Seven of the eight advisors are keeping their brokerage licenses through Kingswood Capital Partners, an independent broker-dealer. Anthony M. D'Andrea Jr. and Dennis K. Wolfe lead Round Table and own a majority of it; six other advisors are minority owners, according to AdvisorHub.

Round Table said in SEC filings that it will continue to custody with the St. Petersburg, Florida-based firm, AdvisorHub reported.

Reported by the Recruiting & transitions desk from AdvisorHub. Published . Corrections

Related

Advisors

Fidelity gives RIAs under $100 million until June 2027 to leave custody

Financial Planning's survey names Schwab and BNY Pershing as alternatives, but the options that would keep a firm at Fidelity remain undescribed.

Advisors

DeVoe: RIA deal volume down 17% as broker-dealers enter M&A

LPL, Cetera, Osaic and Raymond James compete with consolidators for the same practices, while $5 billion-plus sellers set a record, DeVoe says.

Advisors

AssetMark adds two private equity interval funds, taking shelf to six

Calamos Aksia and StepStone funds can be held standalone or in unified managed accounts, where a $250,000 minimum applies to goals-based strategies.

Advisors

Merrill to add targeted 2027 advisor bonuses, keeps core grid

Financial Planning reported the firm will hold its basic compensation grid in place while seeking to boost recruiting.

Advisors

Kintra Wealth adds Scott Seymour's $355M practice to advisor-owned platform

Seymour, registered with Commonwealth for seven years, joins as partner and will use Kintra's shared operations, compliance and investment staff.

Wealth Advisor Dailyfrom Private Wealth Daily

Practice management, recruiting, RIA M&A and the platforms advisors run on. Weekdays at 6:45 a.m. ET.

Free. Weekday mornings. Unsubscribe from any edition in one click.

From other sections

MovesLPL adds $5.4 billion in advisor teams; Indivisible recruits $1.1 billion RBC group
By the NumbersLPL Financial adds $5.4 billion in advisor teams and leads 30-day record by 47 events
The CloseMercer completes Aspen direct indexing rollout across more than 43,000 accounts
Eight Raymond James brokers register $1.4B RIA, keep custody at firm — Private Wealth Daily