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Who's Moving Where In Wealth Management? - Raymond James, Commonwealth

Editorial Staff

12 November 2019

, which says it is the largest privately held RIA/independent broker-dealer in the US, has added Michigan-based Center for Wealth Management to its network.

Center for Wealth Management used to be affiliated with MML Investors Services. The team, which brings over $220 million in account assets, includes associates Robert J Moore, Justin M Williamson and Jeffrey R Steele. The group focuses on pre-retirees and retirees, but has also developed a niche business looking after engineers and young professionals.

Commonwealth was founded in 1979 and is based in Massachusetts and California. In total, it has about 1,950 financial advisors nationwide.