Raymond James welcomes multigenerational advisor team managing over $290 million
ST. PETERSBURG, Fla. – Raymond James recently welcomed Jacob Schmidt, Daniel Schmidt, AAMS™ and Matthew Schmidt, CFP®, CPWA® to Raymond James & Associates (RJA) – the firm's employee advisor channel – in Fort Wayne, Indiana, according to Amy Smart, Mid-American regional director for RJA.
The team arrives from Baird, where they managed over $290 million in client assets, and are joined by senior client service associate Jennifer Taylor and client service associate Kristina Stuller. As Schmidt Wealth Advisors of Raymond James, they operate as part of part of RJA’s Fort Wayne branch, serving business owners, families and individuals, pre-retirees and retirees.
“At Raymond James, we found a welcoming culture that offers a high level of independence. This environment allows us to tailor our services to better meet our clients’ needs while maintaining our brand identity,” said Jacob. “In addition, the firm’s commitment to supporting advisors in their branding efforts was a key factor in our decision to join.”
Jacob brings over 43 years of financial services industry experience to his role as senior vice president of investments. He began his career in 1981 at Merrill Lynch and most recently served as an advisor at Baird for over 18 years. He holds an undergraduate degree in finance from Valparaiso University.
“Raymond James’ novel approach to transitioning our practice to the next generation of family advisors was another significant factor in our decision,” said Daniel. “This forward-thinking strategy ensures that our clients will continue to receive the high level of service they expect, even as we plan for the future of our practice.”
Daniel brings over 13 years of financial services industry experience to his role as vice president of investments. He began his career in 2010 at Baird where he served for over 13 years. He holds the Accredited Asset Management Specialist™ designation and an undergraduate degree in financial planning from Ball State University.
“We appreciate the breadth of technology available at Raymond James, which further augments our ability to meet client goals,” said Matthew, associate vice president of investments. “The advanced tools and resources provided by the firm enable us to deliver a comprehensive and efficient service, helping to enhance the overall client experience.”
Matthew is a CERTIFIED FINANCIAL PLANNER® professional with over nine years of experience in the financial services industry and holds the Certified Private Wealth Advisor® designation. His experience is backed by a bachelor’s degree in finance from Ball State University and an MBA from Cardinal Stritch 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 $1.48 trillion as of Jun. 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..