Raymond James Recruits $230 Million Team in Palm Beach Gardens, Florida
ST. PETERSBURG, Fla. – Raymond James recently recruited veteran financial advisors John M. Houchin, III, CFP®, CRC®, and James A. Ernst, AAMS®, to Raymond James Financial Services, Inc., (RJFS) – the firm’s independent broker/dealer – in Palm Beach Gardens, Florida, according to Jodi Perry, Southeast regional director for RJFS.
The team operates as Houchin Ernst Wealth Advisors and they joined Raymond James from Wells Fargo Advisors, where they previously managed over $230 million in client assets and had annual production in excess of $1.6 million. They are joined by Client Service Associate Linda Davis. The team serves a variety of individuals, families, business owners and professionals with comprehensive wealth management and retirement planning services.
“We wanted a customer-centric firm that was primarily focused on wealth management,” said Houchin. “We discovered that Raymond James was culturally aligned with our own values, that it provided all the tools, technology and resources necessary to serve our clients well and allow us to deliver an exceptional client experience.”
“We were seeking a firm with a main street orientation rather than Wall Street,” added Ernst. “We looked at several options and decided that affiliating with Raymond James’ independent channel, with its superior platform and all its back office support, was going to give us the control we desired and be the best fit for us and our clients.”
Senior Financial Advisor and business co-owner Houchin began his financial services career in 1991 with Great Western Financial Securities Corp., and then joined Barnett Investments in 1994, which was acquired by Banc of America Investments in 1998. In 2008, he moved to Wells Fargo Advisors. He earned a bachelor’s degree in finance from Florida State University and is a Certified Financial Planner™ professional as well as a Certified Retirement Counselor® with special expertise in retirement assets accumulation and distribution planning.
Senior Financial Advisor and business co-owner Ernst began his career with First Investors Corporation in 2000 and joined Banc of America Investment Services in 2001. In 2008 he moved to Wells Fargo where he partnered with Houchin. He has a bachelor’s degree in business administration from the University of Florida and is an Accredited Asset Management SpecialistSM, with expertise in investments, insurance, tax, retirement and estate planning issues.
“We are delighted to welcome John, Jim and Linda to our firm. They are well respected in their community and will be a great addition to our Palm Beach Gardens office,” said Perry. “Raymond James is committed to helping support our advisors as they prepare their businesses for the great wealth transfer and address evolving client needs, and we’re pleased the team found our firm to be the best fit for them and their growing client base.”
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
About Raymond James Financial Services
Raymond James Financial Services, Inc. is a financial services firm supporting more than 3,700 independent financial advisors nationwide. Since 1974, Raymond James Financial Services Inc., member FINRA/SIPC, has provided a wide range of investment and wealth planning related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both broker/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), a leading diversified financial services company with 7,200 financial advisors serving approximately 3 million client accounts in more than 2,900 locations throughout the United States, Canada and overseas. Total client assets are approximately $658 billion.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Houchin Ernst Wealth Advisors is not a registered broker/dealer and is independent of Raymond James Financial Services.