Raymond James continues northeast expansion, recruits 11-person team managing $600 million in client assets in Latham, New York
ST. PETERSBURG, Fla. – Continuing the firm’s expansion in the Northeast, Raymond James welcomed financial advisors Richard “Ric” Kelton, CFP®, CLU®, ChFC®, AEP®, CLTC®; Ryan Kelton, CFP®, ChFC®; and Sean Kelton; and their team to Raymond James Financial Services (RJFS) – the firm’s independent broker/dealer – in Latham, New York, according to Shannon Reid, Northeast regional director for RJFS.
The father-and-sons trio operates as the Kelton Financial Group (KFG) and joins Raymond James from Northwestern Mutual, where they previously managed more than $600 million in client assets. The team serves families, individuals and retirees, with a specialized focus on corporate executives.
“We welcome Ric, Ryan, Sean and their team to Raymond James and are pleased they chose our firm to be the best partner for them going forward,” said Reid. “We continue to see interest from high-quality advisor teams in the Northeast like the Kelton Financial Group, and we are proud to offer them leading resources, innovative technology and high-touch support, so they can focus on what matters most: their clients.”
Joining the Keltons at Raymond James are eight team members: Lauri Spargo, Chief Operating Officer and RJFS registered representative; Salvatore Schittino, CFP®, KFG Director of Wealth Services and RJFS registered representative; Kaitlin Coughlin, CLTC®, KFG Director of Insurance Operations and services and RJFS registered representative; Christopher Shaver, CFP®, KFG Director of Planning and RJFS registered representative; Vincent Kisel, KFG Senior Wealth Services Associate and RJFS client relationship manager; Josh Alexander, KFG Portfolio Research Associate and RJFS client services manager; Ann Wilson, KFG Marketing and Client Relations Manager and RJFS client relationship associate; and Lori Kelton, KFG Chief Financial Officer and RJFS senior branch associate.
“Our decision to make the move can be summed up in four reasons: the people, the technology, the access and continuity for clients,” said Ric. “Raymond James has grown, yet retained that home office feel, where you know the people truly care and are trying to find the best way to serve you as an advisor, so you can serve your clients. Now that we transitioned, we are connecting with the firm’s technology, which is phenomenal and extremely user-friendly, not only for us but also our clients. The access we have to leaders within the firm is unparalleled. We know that if we have any questions or concerns, we can reach those decision-makers within the firm if needed. Raymond James also allows and encourages advisors to establish succession plans, which provides stability and uninterrupted service for our clients. These reasons, among others, only reinforce for us that we made the right decision in moving our practice to Raymond James.”
Ric has been in the industry for more than 25 years. Prior to his extensive tenure as a wealth management advisor, Ric was a senior accountant at a firm in New York City, and an auditor and financial analyst at Matthew Bender.
Ryan joined the Kelton Financial Group in 2015, after working for four years at GE Capital, the financial services division of General Electric. He graduated from Northeastern University with a bachelor’s degree in international business.
Sean joined the Kelton Financial Group in 2017 after serving three years in various roles at GE Healthcare, most recently as a manufacturing engineer. He graduated from Northwestern University with a bachelor’s degree in chemical and biological engineering.
About Raymond James Financial Services
Raymond James Financial Services, Inc. is a financial services firm supporting 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 8,000 financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $876 billion.
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.
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