Raymond James welcomes $340 million South Florida advisor team
ST. PETERSBURG, Fla. – Raymond James recently welcomed financial advisors David Behar and David "Dave" Nagel to Raymond James & Associates (RJA) – the firm's employee advisor channel – in Hallandale Beach, Florida, according to Tim Killgoar, Florida regional director for RJA.
As Behar-Nagel Group of Raymond James, the advisors provide sophisticated wealth management strategies for their clients, including business owners, executives, family offices and individuals preparing for or living in retirement. They are joined by senior registered client service associate Lynne Kistenmacher and previously managed approximately $340 million in client assets at Morgan Stanley.
"We found Raymond James to be the right fit for our team and clients. The firm's commitment to domestic and international clients, as well as the respect it has for advisors, made the choice simple," said Nagel. "We anticipate that this is the beginning of a long and lasting relationship for our practice."
With over 43 years of accumulated expertise in banking and wealth management, Behar brings a wide breadth of financial services experience to his role as managing director. He held roles at Israel Discount Bank, Multi Commercial Private Bank Switzerland and Multi Commercial Private Bank for nearly two decades before transitioning to Smith Barney as a financial advisor in 1999. Behar later joined UBS in 2005 and Morgan Stanley in 2014. He is a graduate of Tel Aviv University and The International Banking Institute.
A New York native, Nagel serves clients as vice president, wealth management. He began his financial services career at Morgan Stanley, where he spent over six years as a financial advisor. His professional background also includes six years working for an employment screening company. Nagel holds a bachelor's degree from SUNY Courtland and is a graduate of The Institute of Culinary Education in New York.
"We remain deeply committed to attracting seasoned and skilled advisor teams who align with our client-centric culture," said Killgoar. "I'm delighted to extend a warm welcome to David, Dave and Lynne. We are eager to witness the positive impact this transition should bring for their practice and clients."
About Raymond James & Associates
Raymond James & Associates, Inc. (RJA), member New York Stock Exchange/SIPC, is an industry leader in financial planning and wealth management services for individuals, high-net-worth families, corporations and municipalities. RJA is a wholly owned subsidiary 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 $1.37 trillion as of Dec. 31, 2023. Additional information is available at raymondjames.com.