Raymond James welcomes $515 million advisor team to investment program at FNBO
ST. PETERSBURG, Fla. – Raymond James Financial Institutions Division (FID) recently welcomed financial advisors Peter Braun and K.C. Hosey to First Investments & Planning at FNBO (First National Bank of Omaha), according to Stephen Kruchten, president of FID. With this new alignment, the advisors will provide clients with investment and wealth management services through Raymond James Financial Services.
Based in Kansas City, Missouri, the advisors manage approximately $515 million in client assets and serve a diverse clientele, including high-net-worth individuals, families and business owners. The team was previously affiliated with UMB Financial Services.
“The continued expansion of First Investments & Planning reflects a disciplined approach to building a high-quality wealth platform,” said Grace Austin, senior vice president and North division director of FID. “Peter and K.C. bring strong experience and a clear focus on client outcomes, and we’re proud to support their transition as the program continues to scale.”
“This is a significant addition to our wealth business and reflects the momentum we're building," said Christopher Ruggiero, senior vice president, head of wealth and institutional services at FNBO. "A team of this caliber strengthens our ability to serve clients across multiple generations, deepen relationships and continue growing across our markets.”
This addition continues the expansion of First Investments & Planning, which since January has added nine advisors representing more than $1 billion in client assets.
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. (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS provides a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.76 trillion as of March 31, 2026. Additional information is available at raymondjames.com.
About FNBO
FNBO (First National Bank of Omaha), a subsidiary of First National of Nebraska, Inc. (FNNI), is one of the largest privately held banks in the US and has been in business for nearly 170 years. FNNI and its affiliates have $35 billion in assets and more than 4,500 employees. Headquartered in Omaha, Nebraska, with primary banking offices in Colorado, Illinois, Iowa, Kansas, Missouri, Nebraska, South Dakota, Texas and Wyoming, FNBO provides personal and business banking, mortgage, payment solutions, wealth management and more. Founded in 1857, FNBO has maintained its commitment to customers and helping build strong communities. Learn more at FNBO.com and connect on Facebook [facebook.com], X [twitter.com] and Instagram [instagram.com]. Member FDIC. Equal Housing Lender. Investments and Insurance Products: Not a Deposit | Not Guaranteed by the Bank or its Affiliates | Not FDIC Insured | Not Insured by Any Federal Government Agency | May Go Down in Value
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, and are not insured by bank insurance, the FDIC 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. FNBO and First Investments & Planning are not registered broker/dealers and are independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.