Raymond James Financial Institutions Division welcomes advisor team with Pinnacle Financial Partners managing $832 million in client assets
ST. PETERSBURG, Fla. – Raymond James Financial Institutions Division (FID) welcomed nine financial advisors and professionals in Memphis, Tennessee, to Pinnacle Asset Management, the wealth management arm of Pinnacle Financial Partners and a current FID-affiliated branch, according to Tim Killgoar, senior vice president and FID national director. Through this new alignment, the advisor team will offer clients financial planning and wealth management services through Raymond James Financial Services, Inc.
“FID’s steady growth, combined with its client partners’ ability to attract top advisors, reflects the expanding need this important business model addresses in the market,” said Scott Curtis, Private Client Group president. “I’m looking forward to the continued growth and success of our client partners, including Pinnacle Financial Partners, their advisors and valued clients.”
Operating as Fountain Financial Group, the advisor team previously managed approximately $832 million in client assets at First Horizon Advisors. They include Eric Fountain, CFP®, Ben Nicol, CRC®, Todd Ruston, CRC®, Zach Wiggs and Wendy Fuller VanCleve, J.D., CFP®.
Joining them are financial services professional Paige Williams, CPA, investment representative Jennifer Brown and junior financial advisors Kaleb Simington, CRC® and Hailey Williams. Together, they serve clients representing a diverse cross-section of ages, careers and needs, from families and individuals preparing for retirement to corporate executives and healthcare professionals.
“Prioritizing people and their financial well-being is at the crux of everything we do at Fountain Financial Group,” said Fountain, senior partner and managing director. “Our team was immediately drawn to Raymond James and Pinnacle Asset Management because of their alignment with this philosophy and resources to help us expand our client-centric approach to business. Further, the firm’s vast offering of sophisticated planning resources and integrated technology solutions will significantly enhance our ability to serve our clients.”
Pinnacle Asset Management is a division of Pinnacle Financial Partners. Its financial associates are affiliated with Raymond James Financial Services, Inc., to provide advice and services to businesses and individuals with significant investment needs. They have access to the full suite of investment products offered by Raymond James and serve clients from offices across Pinnacle’s footprint, including Tennessee, North Carolina, South Carolina, Virginia and Georgia.
About the Financial Institutions Division
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions.
About Raymond James Financial Services
Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS provides a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with approximately 8,700 financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.21 trillion as of Nov. 30, 2022. Additional information is available at raymondjames.com.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, and are not insured by bank insurance, the FDIC or any other government agency, are not deposits or obligations of the bank, are not guaranteed by the bank, and are subject to risks, including the possible loss of principal. Pinnacle Bank and Trust and Pinnacle Asset Management are not registered broker/dealers and are independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNERTM, CFP®, (with plaque design) and CFP®(with flame design) in the U.S. which it awards to individuals who successfully complete the CFP Board’s initial and ongoing certification requirements.
Raymond James and its advisors do not offer tax advice. You should discuss any tax matters with the appropriate professional.