Raymond James Financial Institutions Division welcomes advisor team with Pinnacle Financial Partners managing $186 million in client assets
ST. PETERSBURG, Fla. – Raymond James Financial Institutions Division (FID) recently welcomed financial advisors Manny Jimenez and Jacob Wright, CFP®, to Pinnacle Asset Management, the wealth management arm of Pinnacle Financial Partners and a current FID-affiliated branch, according to Steve Kruchten, 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.
Arriving at the Pinnacle Mt. Pleasant, South Carolina office, the advisors are joined by sales assistant Taylour Schutter. They previously managed approximately $186 million in client assets at Truist Investment Services.
"We're extremely fortunate to have long-standing client relationships spanning multiple decades. This was a pivotal factor in choosing a partner that embodies the ideal culture, support, and resources needed to sustain and expand these relationships across generations, strengthening our family office brand," said Jimenez. "We're thankful for the dedication and willingness of our clients to move with us during this transition. The service from Pinnacle and Raymond James has been stellar and widely recognized by our clients throughout this process."
Jimenez's financial services career spans over 37 years and includes positions at several institutions, including UBS and Merrill Lynch. Notably, he most recently served as a managing director and senior financial advisor at Truist. He received his bachelor's degree from The Citadel. Additionally, Jimenez maintains many professional designations, including the Retirement Income Certified Professional, Chartered Retirement Planning CounselorSM, Certified Retirement Counselor® and Accredited Investment Fiduciary®.
"The combination of Raymond James and Pinnacle Asset Management provides an optimal environment for our team to deliver exceptional service to our clients. The high-touch support and robust investment platform has empowered us to elevate our efforts as a team," said Wright. "It has been a breath of fresh air and the right choice for our practice, enabling us to grow alongside our clients over time."
With over 14 years of experience in the financial services industry, Wright has held various positions encompassing both banking and wealth management. Since 2013, he served as a financial advisor for BB&T, which later became Truist. Wright is a dual graduate of Campbell University with a Bachelor of Business Administration and an MBA. He also holds the CERTIFIED FINANCIAL PLANNERTM professional designation.
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 $1.30 trillion as of Aug. 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.