December 27, 2018

Twenty-seven Raymond James-affiliated advisors named among top bank advisors

ST. PETERSBURG, Fla. – Twenty-seven Raymond James-affiliated advisors were named to Bank Investment Consultant’s 2018 list of the Top 100 Bank Advisors

Congratulations to the following advisors affiliated with Raymond James Financial Institutions Division (FID):

No. 1 – James Hare, Pinnacle Bank
No. 3 – Brock Kidd, Pinnacle Bank
No. 6 – Louis Ricciardi, Bristol County Savings Bank
No. 9 – Paul Stetter Jr., Fulton Bank
No. 13 – Michael Cooney, First Tech Federal Credit Union (Addison Avenue Investment Services)
No. 15 – Greg Scott, Summit Bank
No. 16 – Pat Faulkner, TowneBank
No. 19 – Laura Pedroncelli, First Tech Federal Credit Union (Addison Avenue Investment Services)
No. 22 – John McRae, Citizens National Bank
No. 25 – James Marquardt, Bremer Bank
No. 26 – Nathan Quello, First Dakota National Bank
No. 28 – Aaron Schmit, American State Bank and Trust Co.
No. 30 – Patrick Varney, Bank of Colorado
No. 32 – Joel Adams, Southside Bank
No. 36 – Dee Jernigan, Jr., Franklin Synergy Bank
No. 38 – Michael Lipkins, First Tech Federal Credit Union (Addison Avenue Investment Services)
No. 42 – Layton White, Bremer Bank
No. 44 – Steve Kennedy, TowneBank
No. 46 – Vince Little, Sturgis Bank
No. 57 – Brett Everhart, First Tech Federal Credit Union (Addison Avenue Investment Services)
No. 61 – Douglas MacCormack, Fulton Bank
No. 62 – Brick Sturgeon Jr., Pinnacle Bank
No. 69 – Greg Malin, Fulton Bank
No. 75 – Fred Greene, Woodforest National Bank
No. 84 – Annette Martin, Fulton Bank
No. 86 – Holly Stallworth, Union Bank & Trust
No. 96 – Dustin Padgett, ReliaBank

“We are proud to be affiliated with these outstanding bank advisors and their depository institutions, as they continue to deliver high quality investment and wealth management services to their clients,” said Tim Killgoar, senior vice president and head of Raymond James Financial Institutions Division. “These advisors represent some of the best in our industry and are an example of the caliber of advisors with whom we have the pleasure of supporting through Raymond James Financial Institutions Division. We congratulate them and all who were named to this prestigious list.”

The list is divided into four segments. To view, click into the various slideshows:

Bank Investment Consultant also featured James Hare, who earned the No. 1 spot on this year’s list. To read his feature, click here.

To compile the list, multiple variables were combined into one composite score. The six categories used are: (1) assets under management; (2) trailing-12 month production; (3) percentage increase in AUM from the previous year; (4) percentage increase in T-12 production; (5) amount of fee business from the most recent production figures; and (6) the ratio of production-per-AUM. (Note: We used 2018 AUM as of the end of August, and production of the 12-month period ending Aug. 31 2018.) The nominees were ranked by each of the six categories and then six different scores were calculated based on where they ranked.  Those six scores were used to compile the final list. The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of advisor’s future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. BIC is not affiliated with Raymond James.

About the Financial Institutions Division
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions. 

Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC, and are not insured by bank insurance, the FDIC/NCUA or any other government agency, are not deposits or obligations of the bank, are not guaranteed by the bank, and are subject to risks, including the possible loss of principal. 
Investment advisory services offered through Raymond James Financial Services Advisors, Inc.  The financial institutions and the investment centers mentioned are not registered broker/dealers and are independent of Raymond James Financial Services.

Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.

About Raymond James Financial Services
Raymond James Financial Services, Inc. is a financial services firm supporting more than 4,300 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 approximately 7,800 financial advisors throughout the United States, Canada and overseas. Total client assets are $764 billion.