ST. PETERSBURG, Fla. - John Davis, the Coastal Region Managing Director for Alex. Brown, a division of Raymond James, recently announced the appointment of veteran complex sales manager and advisor Gary P. Cohen, CRPC®, as the new Regional Executive for the Alex. Brown office in Los Angeles. He will be responsible for supporting and growing the Los Angeles office, which currently comprises 10 client advisors who manage approximately $12 billion in client assets.
“We are delighted that Gary accepted our offer to become the leader of Alex. Brown wealth management in Los Angeles,” said Davis. “He exemplifies the values and culture that have been the Alex. Brown tradition for the last 200 years. His many years of experience in both investment banking and as a high net worth wealth management advisor, along with increasingly important responsibilities as a business development officer and complex sales manager, make him a great fit to lead our efforts in the second largest market in the United States.”
A California native, Cohen began his financial services career in 1990 as an investment banker with Oppenheimer & Co. in New York City. He then had stints with both large and boutique investment banking firms such as J.P. Morgan and Banc of America Securities, and in 2009 he joined the Beverly Hills office of Wells Fargo as a financial advisor. Over the next two years he grew his practice from scratch and in 2012 joined UBS. In 2013, he was named Complex Sales Manager responsible for three office locations, 95 advisors and $110 million in annual production.
Cohen earned his Bachelor of Science degree in political science and government from the University of California, Los Angeles and is a Certified Retirement Planning Counselor™.
“I was attracted to this unique opportunity of helping to expand the Alex. Brown brand in the Los Angeles market,” said Cohen. “It is the only high net worth, boutique wealth management firm in Southern California. I am convinced there are many advisors, particularly at the wirehouses, who want an entrepreneurial environment to grow their practice and will be drawn to this great combination of Raymond James’ deep platform and the 200-year-old Alex. Brown brand. Plus, the L.A. market is a very important expansion market for both Alex. Brown and Raymond James, so I am excited to be part of this growth story. As I start to share our firm’s vision, and all that we have to offer clients and advisors alike, I fully expect to grow the Alex. Brown name and our office in Los Angeles.”
The Los Angeles regional executive position is a new one for Alex. Brown. Until Cohen’s appointment, Jon Mallon served as the regional executive responsible for the Alex. Brown offices in both San Francisco and Los Angeles, and will now focus just on San Francisco.
“Attracting someone to manage our Los Angeles office with Gary’s experience and proven track record was important,” said Haig Ariyan, president of Alex. Brown. “Gary really appreciates how the Alex. Brown legacy, enhanced by Raymond James’ reputation and resources, becomes an unbeatable value proposition to successful financial advisors serving high net worth clients in this market. We look forward to supporting his efforts and celebrating his successes.”
For more information, visit: http://www.alexbrownbranches.com/los-angeles/
About Alex. Brown, a division of Raymond James
Alex. Brown, a division of Raymond James, was originally founded in 1800, becoming the nation’s first investment bank. Alex. Brown advisors offer financial planning and wealth management services for high-net-worth individuals and institutions. The division’s broker/dealer of record is Raymond James & Associates, Inc., member New York Stock Exchange/SIPC, a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF), a leading diversified financial services company with approximately 7,300 financial advisors in 3,000 locations throughout the United States, Canada and overseas. Total client assets are approximately $664 billion. Additional information is available at www.Alex-Brown.com.
Past performance is not an indication of future results. The information provided is for informational purposes only and is not a solicitation to buy or sell Raymond James Financial stock.