People Moves

Raymond James Brings In $124 Million Virginia-Based Advisor Team

Eliane Chavagnon Reporter 19 February 2013

Raymond James Brings In $124 Million Virginia-Based Advisor Team

Financial advisors Jeff Faucette and Tony Williams have joined the Huntington, VA, branch of Raymond James & Associates, the broker/dealer subsidiary of Raymond James Financial.

The team operates as The Williams Faucette Advisory Group and came from Merrill Lynch, where they managed over $124 million in client assets and had annual fees and commissions of close to $1 million. The pair specializes in investment, retirement and financial planning for families and business owners.

Faucette started his financial services career 27 years ago. He worked at Banc One Investment Management Group as the state coordinator for institutional services before joining Merrill Lynch in 2002. Williams is a 34-year veteran of Merrill Lynch and has served as the resident manager of the Huntington, VA, office for 22 years.

In related news, last week Raymond James & Associates nabbed a financial advisor team from Morgan Stanley in Houston, TX. Financial advisors and senior vice presidents Marlene Fowler and Christopher Fowler operate as the Fowler Financial Group and previously managed over $70 million in client assets, with annual fees and commissions in excess of $700,000.

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