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Merrill duo managing $241 million goes indie with Raymond James

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Jimmy Blackburn, Reed Potter Jr. form Legacy Financial Investment Services in Pikeville, Ky.

Jimmy Blackburn and Reed Potter, Jr., who managed $241 million at Merrill Lynch in Pikeville, Ky., have formed their own firm, Legacy Financial Investment Services, and affiliated with Raymond James.

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Mr. Blackburn has been in the financial services industry for over 26 years, and worked at Morgan Stanley before joining Merrill Lynch.

[More:See more adviser moves in InvestmentNews’ Advisers on the Move database.]

Mr. Potter has 22 years of experience and also worked at Morgan Stanley before joining Merrill Lynch.

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