Raymond James announced Tuesday that advisor Burdette Park, who managed about $300 million in client assets at Merrill Lynch, is joining the firm’s employee advisor channel, Raymond James & Associates.
Park and a staffer, Heather Jones, will operate as Burdette Park | Raymond James in Louisville, Kentucky.
The firm focuses on serving business owners, executives, corporate retirement plans and people who are retired or planning for retirement.
"The resounding culture and commitment to client-centered practices at Raymond James were instrumental in my decision to embark on this next chapter," Park said in a statement.
"We believe our clients, with whom we maintain deeply personal multigenerational relationships, stand to benefit from the firm's service-first philosophy, robust technology and stability," he added.
Park has 13 years of experience, all of it at Merrill Lynch, according to his BrokerCheck report.
Integrated Partners is adding a mother-son tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
Financial advisors remain vital allies even as DIY investing grows
A trade deal would mean significant cut in tariffs but 'it wont be zero'.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
