Raymond James welcomes seasoned advisor duo managing over $5 billion in Utah
ST. PETERSBURG, Fla. – Raymond James recently welcomed financial advisors Scott Burnett and Peter Kelson to Raymond James Advisor Select within Raymond James & Associates (RJA) – the firm's employee advisor channel – in Cottonwood Heights, Utah, according to John Simmons, West Coast regional director for RJA.
The duo arrives from Zions Direct, where they previously managed over $5 billion in client assets. Together they serve public entities, corporations, foundations and endowments as part of RJA’s Salt Lake City branch, led by branch manager Scott Hunter.
“Raymond James provides us with the technology and support that is vital to our success. The firm’s focus on advising clients from a holistic financial planning viewpoint truly resonates with our values as advisors,” said Burnett. “Additionally, gaining access to the firm’s research fosters confidence in delivering the highest quality service to our clients.”
Burnett brings over 43 years of financial services industry experience to his role as managing director. He began his career in financial services in 1982, most recently serving at Zions Direct for a total of 22 years. His experience is backed by a degree in business management from Brigham Young University.
“The support we have received from the firm has been outstanding. The technology platform and comprehensive back-end support allow us to fully dedicate ourselves to providing resonant service,” said Kelson. “We are excited to partner with a firm that prioritizes clients and equips advisors with the resources necessary to excel.”
Kelson began his career in financial services in 1998 at Fidelity and previously served for a total of 20 years at Zions Direct. His financial services experience is backed by a bachelor’s degree in economics and an MBA from the University of Utah.
About Raymond James Advisor Select
Advisor Select was introduced by Raymond James & Associates in 2004 to offer financial advisors a unique, turn-key platform that provides many of the benefits of independence, but without some of the administrative burdens associated with being fully independent. Advisor Select advisors have the freedom to select their office location, the ability to determine support personnel needs and compensation, and significant ownership and control over their branch’s P&L; Advisor Select advisors also have access to Raymond James’ full offering of employee benefits as well as the firm’s back office support services such as accounting, financial reporting and human resources.
About Raymond James & Associates
Raymond James & Associates, Inc. (RJA), member New York Stock Exchange/SIPC, is an industry leader in financial planning and wealth management services for individuals, high-net-worth families, corporations and municipalities. RJA is a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with approximately 8,800 financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.54 trillion as of Oct. 31, 2024. Additional information is available at raymondjames.com.