Raymond James’ independent advisor channel has just welcomed a new recruit. Raymond James Financial Services annnounced that New Jersey-based financial advisor Andrew Ober is joining its team.
According to the statement about the move, Ober manages assets worth approximately $165 million. He transitioned from UBS Financial Services to become a director partner at 1792 Wealth Advisors in Neptune, New Jersey.
Making the leap with Ober is Kathleen Cembor, client relations specialist, who helps him serve a variety of clients seeking personalized investment management along with balanced financial planning.
"My clients and their financial well-being are my top priority and consideration when making any decision, including choosing a partner firm,” Ober said in the statement.
He said the move to Raymond James is firmly in line with his client-centered ethos, as he’s gained “the independence, resources, and technology to run my business how I see fit to best serve their needs.”
Prior to joining UBS in 2015, Ober spent the majority of his 38-year career at Merrill Lynch, which is where he got his start in 1983, according to his BrokerCheck report with Finra.
Recently, Raymond James Financial Services revealed that Frank Durrum, an advisor who had managed $160 million in client assets at Edward Jones, joined the firm in Mt. Pleasant, Texas.
Last week, Raymond James also said it was upgrading its capabilities to support breakaway advisors – including the full gamut of models from solo practices to large enterprise teams – with improvements to its Independence Plus suite of services.
“These enhancements include significant investments in our team of experienced consultants and benefits partners to meet rising demand and provide our comprehensive transition process to more advisors,” Shannon Reid, president of the firm’s independent contractor division, said at the time.
“We are confident that with this launch of enhanced customized and comprehensive solutions, Raymond James will continue to lead the industry in attracting future business owners,” added Steve Voss, vice president of independent business consulting.
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.
