Raymond James welcomes Michigan financial advisor managing over $200 million
ST. PETERSBURG, Fla. – Raymond James recently welcomed financial advisor Michael Dempsey, CFP®, RICP® to Raymond James & Associates (RJA) – the firm's employee advisor channel – in Farmington Hills, Michigan, according to Dominic Prioli, Great Lakes regional director for RJA.
Dempsey arrives from Wells Fargo Advisors, where he managed over $200 million in client assets and is joined by senior registered client service Lorraine Lalicata. As Dempsey Wealth Management of Raymond James they serve business owners, corporate executives, families and individuals, pre-retirees and retirees as a part of RJA’s Farmington Hills branch, led by branch manager Alp Onder.
“In today's landscape, clients demand more than just investment management from their advisors. They seek comprehensive solutions for their complex financial needs and a meaningful, purpose-driven approach to financial planning,” said Dempsey, managing director. “By aligning with Raymond James, we’ve gained access to an exceptional array of products, state-of-the-art technology and high-quality service. We were particularly attracted to the firm’s conservative philosophy and unwavering commitment to strong ethical standards.”
With over 13 years of experience in the financial services industry, Dempsey is a CERTIFIED FINANCIAL PLANNERTM professional and holds the Retirement Income Certified Professional ® designation. His professional experience is backed by a bachelor’s degree in accounting from DePaul University.
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 8,800 financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.41 trillion as of Apr. 30, 2024. Additional information is available at raymondjames.com
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements.