By Kenneth Corbin
Raymond James unveiled a pair of recruiting wins this week that brought in investment advisory practices that managed more than $1.5 billion at their former firms. The new teams expand Raymond James' presence in Colorado and upstate New York.
On Tuesday, Raymond James announced that advisors Jared Lamb and Mark Wilkins have joined Raymond James & Associates, the brokerage firm's employee channel. The Wilkins Lamb Advisors Team, based in Denver, joined Raymond James from RBC Capital Markets, where it oversaw $700 million in client assets.
Then on Thursday, Raymond James said that Oakwood Financial Services, a former Commonwealth practice based in Rochester, N.Y., has joined its independent channel, Raymond James Financial Services.
RBC and Commonwealth didn't immediately respond to requests for comment on the advisor departures.
While the recruiting moves were announced this week, Raymond James says the Wilkins Lamb team joined in mid-January and the Oakwood practice started with Raymond James Feb. 9.
Mike McNaughton, a Certified Financial Planner and co-founder of Oakwood, says that affiliating with Raymond James' independent channel will enable his team to broaden the scope of advice it can deliver to its client base, which includes high-net-worth individuals, retirees, and business owners.
"Our clients expect thoughtful, coordinated planning -- not just investment selection," he says, adding that his team's affiliation with Raymond James will provide "the technology, investment platform, and resources to serve clients thoughtfully, while preserving our independence and client-first mind-set."
The Oakwood team also includes advisors Dan Schmitz, Greg Schuler, Traci Lewis, Jeff Santillo, and John Woodworth.
The Wilkins Lamb team caters to multigenerational families and high-net-worth individuals. Lamb, also a CFP, lauded Raymond James' support for advisors and the resources it offers wealthy clients.
"The firm's private wealth and high-net-worth capabilities, ongoing investment in the business, and commitment to advisors make it a place where clients and teams can thrive," he says.
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 06, 2026 13:33 ET (18:33 GMT)
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