Raymond James Financial Institutions Division welcomes new program with First Community Credit Union in Texas
ST. PETERSBURG, Fla. – Raymond James Financial Institutions Division (FID) welcomed the financial advisors and professionals of First Community Wealth Advisors, the wealth management division of First Community Credit Union, to FID – according to Tim Killgoar, senior vice president and FID national director. Through this new partnership, the program’s financial advisor will offer investment and wealth management services to his clients through Raymond James Financial Services, Inc., member FINRA/SIPC.
The Houston-based team is led by Arthur Gordon, executive vice president (EVP) and CRO of First Community Credit Union, along with financial advisor Brian Turpen, previously affiliated with CUNA Brokerage Services. Together with seven administrative staff members, they manage approximately $245 million in client assets.
“Our alignment with Raymond James will provide our financial advisors access to a broad suite of products and technology, as well as widely recognized research and consulting resources,” said Jennifer Kilgore, EVP and COO of First Community Credit Union. “I’m confident that these enhancements will support our advisors as they continue to serve the evolving needs of financial planning and wealth management clients.”
“First Community Credit Union has been a pillar in the Houston community for over 67 years, and I’m pleased to welcome Brian to Raymond James’ Financial Institutions Division,” said Killgoar. “We continue to see interest from outstanding programs like theirs when looking for a partner that goes well beyond just a brokerage – a full-service provider that offers sophisticated support and innovative technology to serve their clients.”
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.
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 8,500 financial advisors throughout the United States, Canada and overseas. Total client assets are $1.26 trillion.