Lance Murphy, an adviser who managed $207 million in assets at Edward Jones, is joining Raymond James & Associates, the employee channel of Raymond James, the firm announced.
Murphy, who’s based in Houston, has 26 years of experience, much of it with asset management companies. He started at A I M Funds in 1995, and subsequently worked at Van Kampen Funds, Hines Real Estate Investments and FS Investments. Murphy had been at Edward Jones since 2019.
Five new RIAs are joining the industry coalition promoting firm-level impact across workforce, client, community and environmental goals.
The independent RIA's new hire, with a decade of M&A experience from his former firm and Raymond James, comes as SEIA logs record growth in 2024.
Bank of America gains strength in NY a veteran UHNW advisor while RayJay welcomes a three-decade industry veteran in Georgia.
A decline in bullishness across Wall Street has not stifled financial innovation in the ETF industry, with scores of new funds minted including leveraged and exotic bets.
China may suspend some tariffs on US goods.
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.