May 21, 2019
Raymond James welcomes $600 million advisor team in Richmond, VirginiaST. PETERSBURG, Fla. – Raymond James welcomed financial advisors Geoffrey P. Sisk, Hynson H. Marvel, CRPC®, ADPA®, and Jason Statuta, CIMA®, to Raymond James Advisor Select, a division of Raymond James & Associates (RJA) – the firm’s employee advisor broker/dealer – in Richmond, Virginia, according to Dick Ferguson, Southern divisional director for RJA.
Joining the three advisors at Raymond James is senior registered client service associate Tonita Donaldson, and together the team operates as Sisk & Marvel Investment Group of Raymond James. The team joins from Wells Fargo, where the advisors previously managed approximately $600 million in client assets and had over $2.7 million in annual production. The team serves a variety of clients, including high-net-worth individuals, families and professionals in addition to several foundations and endowments.
“First and foremost, we looked for a firm that was client focused, lived up to its expressed cultural values and was large enough to fully support our practice with sophisticated resources and services,” said Sisk. “Additionally, because of our client mix, it was important to us that the firm has comprehensive trust and banking services in house. We also appreciated that Raymond James has a robust technology platform and offers agency-style marketing support. We looked at several firms and did very thorough due diligence, but the only firm that fit, that demonstrated a sincere client-first philosophy and an advisor-focused culture was Raymond James.”
Managing Director Sisk began his financial services career in 1984 with Branch, Cabell & Company, moving to Legg Mason in 1987. He joined Wheat First Securities in 1991, which was later acquired by First Union and then subsequently by Wells Fargo. He is a graduate of Washington and Lee University with a degree in business administration; and in 2017, 2018 and 2019 was named to Barron’s list of America’s Top 1,200 Advisors1, and in 2018 and 20192 to Forbes Best-in-State Wealth Advisors list.
First Vice President, Investments Marvel began his financial services career in 2003 as an associate with Chesapeake Strategic Advisors. In 2007, he moved to Northwestern Mutual Investment Services and a year later joined Wells Fargo where he partnered with Sisk. A graduate of the College of William & Mary, Marvel is a Chartered Retirement Planning CounselorSM as well as an Accredited Domestic Partnership AdvisorSM – both designations issued by the College for Financial Planning.
Statuta, First Vice President, Investments, has been in the industry since 1996. Prior to joining Raymond James, he served as vice president and investment officer for the team while at Wells Fargo Advisors. He served as a vice president for Goldman Sachs & Co. for 11 years and prior to that was a regional vice president at Pioneer Investments and Putnam Investments. Statuta earned a bachelor’s degree in economics from Boston College as well as the Certified Investment Management AnalystSM designation from the Wharton School.
“Geoff, Hynson, Jason and Tonita are a wonderful addition to the firm,” said Ferguson. “They are an outstanding, high-quality team, with over 80 years of combined financial services experience, and most importantly, high integrity and a commitment to and focus on their clients. We are excited to welcome them to the Raymond James family, and are proud to have them representing us in the Richmond, Virginia, market.”
1Source: Barron’s “Top 1,200 Financial Advisors,” March 2019. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved. The rankings are based on data provided by over 4,000 individual advisors and their firms and include qualitative and quantitative criteria. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance is not an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment picking abilities. 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. Barron’s is not affiliated with Raymond James.
2The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria and quantitative data. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weighs factors like revenue trends, AUM, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Out of 21,138 advisors nominated by their firms, 2,213 received the award. This ranking is not indicative of an advisor’s future performance, is not an endorsement, and may not be representative of individual clients’ experience. Neither Raymond James nor any of its financial advisors or RIA firms pay a fee in exchange for this award/rating. Raymond James is not affiliated with Forbes or Shook Research, LLC.
Investments & Wealth InstituteTM (The Institute) is the owner of the certification marks “CIMA” and “Certified Investment Management Analyst.” Use of CIMA and/or Certified Investment Management Analyst signifies that the user has successfully completed The Institute’s initial and ongoing credentialing requirements for investment management professionals.
About Raymond James & Associates
Raymond James & Associates, Inc., member New York Stock Exchange/SIPC, which has built a national reputation for more than 50 years as a leader in financial planning for individuals, corporations and municipalities, is a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF), a leading diversified financial services company with approximately 7,900 financial advisors throughout the United States, Canada and overseas. Total client assets are $796 billion. Additional information is available at www.raymondjames.com.