Wealth Strategies Partner

In The News

Don't judge books by their covers - or financial advisers by their titles

**The following post was originally published by the Tampa Bay Business Journal on March 13, 2020. For the full article, please visit: https://www.bizjournals.com/tampabay/news/2020/03/13/guest-column-don-t-judge-books-by-their-covers-or.html?b=1584046011%5E21631946

By Paul Allen – Contributing writer

Tomayto, Tomahto. What’s the difference? When it comes to professionals that hold the title of financial advisers, there may be a big difference. From insurance and annuity salesmen to stockbrokers, financial planners, attorneys and accountants, a variety of people across professional backgrounds are quick to use this label. Many clients come to us with portfolio issues due to its haphazard misuse. If anyone is allowed to use the title of adviser, how do you know who to trust?

We repeatedly clean up portfolio issues for families that previously worked with “advisers” who were sold nothing but a portfolio of whole life insurance policies and annuities. While insurance is a necessary and valuable piece of financial planning, it is only one piece of the puzzle. These individuals trust they are working with someone who is trained to advise them comprehensively when they are only being sold a product. To avoid similar pitfalls and select the right financial adviser, use the following checklist.

Holds investment licenses, experience and qualifications

When selecting an adviser, it is important to have a clear understanding of what investment licenses they hold. For example, if they only hold an insurance license, their products will be limited to insurance. Financial planners should hold a securities license administered by the Financial Industry Regulatory Authority. Other qualifications include a certified financial planner designation, which means that the individual has met certified financial planner board-approved educational requirements, has passed a comprehensive exam, holds at least three years of financial planning experience and upholds the CFP board’s code of ethics.

Acts as a fiduciary

Fiduciaries must adhere to strict ethical guidelines. They are required to put their clients’ best interests before their own and act in good faith to disclose all relevant facts and ensure advice is accurate and thorough. They must avoid using client assets to benefit themselves. Fiduciaries are required to advise objectively, giving prudent and impartial advice to their clients at all times.

RESIDENTIAL REAL ESTATE

Creates a comprehensive plan

Your adviser should review each component of your financial house. Insurance, education, investments and retirement should all be addressed in your financial plan. They should have your goals in mind when giving recommendations. Ideally, your financial adviser will work with you and your family long-term, so they can keep upcoming life changes and milestones in mind and create a plan that evolves as your life evolves.

Communicate to build trust

A financial planner’s philosophies, style of communication and understanding of your goals should be a fundamental part of the equation. This person needs to be someone you can trust. He or she will learn personal details about your life and family so trust and comfortability are a necessity.

Choosing the right financial planner can be tricky with so many individuals claiming the title. Know what to look for and ask questions before committing to a partnership. By doing so, you’ll have confidence that the comprehensive advice they give will determine your best financial path forward.

Paul Allen is president at Wealth Strategies Partners and can be contacted at paul@wealthstrategiespartners.com. Any opinions expressed are those of Paul Allen, and not necessarily those of Raymond James. Raymond James does not provide tax or legal services. Please discuss these matters with the appropriate professional.


Year End

Dear Wealth Strategies Partners Family,

As 2019 comes to a close, we want to extend our sincerest gratitude for you. We value your partnership and appreciate the confidence you put in us to keep your financial house in order. Counting you among our clients is something for which we are especially grateful.

As we reflect on this year, we’re given so many reasons to be thankful: the growth of our Nashville and Sarasota offices, the personal and professional achievements and milestones of our team and the ability to invest in our Tennessee and Florida communities by supporting charitable causes and events that benefit the areas we live and work in. We’re proud of our growth and humbled to know that we couldn’t have done it without each of our clients.

We remain committed to providing white-glove, personalized financial services to all of our families in the coming year. May we all welcome this new year & decade with excitement for the possibilities and growth ahead.

Sincerely,
Paul C. Allen
CFP®, MS | President

Any opinions expressed are those of Paul Allen, and not necessarily those of Raymond James. Raymond James does not provide tax or legal services. Please discuss these matters with the appropriate professional.


5 Resolutions to Keep Your Financial House in Order in 2020

**The Following post was originally published by the Tampa Bay Business Journal on 11/29/19. For a link to the full article, please visit: https://www.bizjournals.com/tampabay/news/2019/11/29/guest-column-5-resolutions-to-keep-your-financial.html

As the end of the year draws near, many people begin to reflect on opportunities to improve their financial practices and habits. Many families believe they have a sound financial plan because they own investments or have established a saving strategy for retirement. Although this is a good start, it’s incomplete. These are 5 of the most common areas we see that need attention and how you can address them to ensure you have a solid plan in place in the new year.

1) Establish healthcare directives to avoid being unprepared
At 26, Terri Schiavo had a massive coronary. She was resuscitated but experienced irreversible brain damage that left her in a coma. Fifteen years later, the Supreme Court made the final decision to remove her feeding tube. This long-term ordeal would not have happened if she had healthcare directives and a living will in place.

One misconception we frequently encounter is that healthcare directives are only put in place for older adults. We’ve seen clients experience unexpected, lifechanging circumstances at all ages and believe that health care directives should be a priority for everyone. Not only do they give you an opportunity to let others know the kind of care you want, but they can also help avoid unnecessary suffering by developing the appropriate response plans and documentation.

2) Create a will
What do Steve McNair, Pablo Picasso and Prince have in common? They all died without a will. Steve McNair’s mother was removed from the house he had given her because there was no will to show proof of the gift.

Having a will is one of the most important documents to protect yourself and your family but one of the most frequently postponed documents to put in writing. Your will protects you and ensures that your future wishes for your estate are carried out. Otherwise, you won’t have input on how your property is distributed after death or the people involved in administering it. Starting somewhere is better than not starting at all. You can always add or change provisions over time.

3) Ensure your will and beneficiaries are updated with each life change
In 2005, Anne Friedman, a former school principal, died suddenly of a massive heart attack. She accumulated over $900,000 in her Teachers’ Retirement Fund, which her sister, not her surviving spouse, inherited. Why did this happen? Mrs. Friedman neglected to change the beneficiary on her retirement account after she got married. Her husband sued but lost.

These mistakes are common and costly. Proceeds from life insurance, 401(k) plans, and IRAs are being left to the wrong beneficiaries because the owners neglected to update them. Your financial house must be regularly reviewed and evaluated as your life evolves, especially when it comes to your beneficiaries. Marriages, divorces, births, deaths and other major life events can all warrant changes. Save time, minimize stress and avoid unnecessary conflict by regularly revisiting beneficiary designations. Note that beneficiary designations on IRAs and retirement plans supersede what’s stated in a will or trust, so it’s critical that they are accurate.

4) Regularly review legal/liability documents
If you have trust documents, titling of property, insurance coverage(s) and other liability documents, they need to be regularly reviewed. One lesson I’ve learned after working with hundreds of clients over the past 30 years is that peoples’ wishes, preferences, and outlooks on life change. Your documentation should grow and adapt to your evolving life. Make sure that you review these documents at least once a year so that you stay protected and prepared for the future.

5) Have an estate plan
Some of the most successful Americans, including Frederick Vanderbilt, J.D Rockefeller, JP Morgan, Franklin Roosevelt, and Elvis Presley died without an estate plan. Estate planning is often one of the most neglected components of financial planning. While we can’t predict the future, it’s important to have a comprehensive plan in place for how your money and other assets should be distributed when needed.

Your life stage will determine the needs of your estate plan. If you’re young and single, your plan may only include a few items, such as a will, beneficiary designations and medical and financial powers of attorney. If you have substantial wealth, you may need one or more trusts to control how your assets are taxed, managed and distributed. Make sure you have a plan to transfer wealth, not complexities and headaches.

It’s critical to remember that financial planning is not solely based on investment planning or picking the right investments. While this must be done properly, there are many other vital areas that get overlooked or forgotten. Keep your financial house in order by regularly reviewing your plan and ensuring that you have the fundamentals in place. By this time next year, you’ll be glad you did.

Any opinions expressed are those of Paul Allen, and not necessarily those of Raymond James. Raymond James does not provide tax or legal services. Please discuss these matters with the appropriate professional.


PAUL C. ALLEN OF WEALTH STRATEGIES PARTNERS NAMED MEMBER OF RAYMOND JAMES FINANCIAL SERVICES’ 2020 CHAIRMAN’S COUNCIL

Brentwood, Tenn. – October 28, 2019 – Wealth Strategies Partners today announced that its founder, Paul Allen, CFP®, MS, has been named a member of the Raymond James Financial Services’ 2020 Chairman’s Council, a distinction given only to those financial advisors who have demonstrated an unparalleled commitment to personal service and lead the largest revenue-producing branches.

Allen founded Wealth Strategies Partners in 2014 to provide comprehensive, white glove financial planning services to retirees, entrepreneurs, business owners and executives. Along with his experienced team, Allen works with the practice’s clients to create customized, strategic, financial plans that are tailored to their unique needs.

“This recognition is a testament to the hard work of the entire Wealth Strategies Partners team,” said Allen. “Our success is a result of our commitment to our core values and ensuring our clients’ interests are always first. This recognition affirms that we’re staying true to our mission as we’ve continued to rapidly grow.”

Allen was named a 2018 Best-in-State Wealth Advisor by Forbes. He is actively involved in the community and currently serves on the alumni board of Franklin Road Academy and as a Circle Member at the Ringling Art Museum in Sarasota, Florida.

About Wealth Strategies Partners:

Wealth Strategies Partners, a member of the Raymond James Financial Services network, is a boutique generational wealth management office. With offices in Nashville, TN, and Sarasota, FL, the practice’s advisors work with families, retirees, entrepreneurs and high-net-worth individuals to instill confidence by making complex financial situations easier to understand. For more information, please visit www.raymondjames.com/wealthstrategiespartners/

About Raymond James Financial Services: Raymond James Financial Services, Inc., is a financial services firm supporting more than 4,300 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 7,900 financial advisors throughout the United States, Canada and overseas. Total client assets are $824 billion*. *As of 6/30/2019. Past performance is not indicative of future results.

*Membership is based on prior fiscal year production. Re-qualification is required annually. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of an advisor’s future performance. No fee is paid in exchange for this award/rating.

*The 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 who 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 who encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria 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 an individual client's 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.


October 16, 2019 – As a long-time supporter of Franklin Road Academy, Paul was given the opportunity to discuss his contributions in a FRA feature piece. In the article titled "Why I Give," Paul explained the importance of his high school alma mater and his decision to continue to support the future growth of the school. Paul stated:

"I transferred to FRA in 1988, and from the second I stepped on campus, I absolutely loved this place. Looking back, there are two things I remember most about my time at FRA. First, I remember the quality of friendships I made here. Still today, they are some of the dearest relationships I have. Secondly, I remember how prepared I was for college upon my graduation. It was not easy academically. Because of that, there was never a question of me being prepared to take the next step. Professionally, I can sincerely say that whatever success I have had in my career, I can point back here. FRA has been instrumental in that. I believe in what the school is doing; I believe in the leadership; and I believe that it is a gift for the kids who go through here. Finally, I think this school has been, at the core, instrumental in me getting out and having some success in the business world. So, when I think of giving back to FRA, I want to give back to the place that helped me get to where I am today.

My hope for our school moving forward – more important than the buildings – is that we continue to appreciate and value the faculty and leadership we have. They are our core, and I could not be more proud of them. Franklin Road Academy has done so much for me and Lilli. It is just very dear to my heart. I want to do everything I can do to show how grateful I am for this school. That is why I continue to invest and support current and future generations of FRA."


WEALTH STRATEGIES PARTNERS PROMOTES HEATHER BECKWITH TO OPERATIONS MANAGER

Nashville, Tenn. — October 11, 2019Wealth Strategies Partners (WSP) today announced the promotion of Heather Beckwith to Operations Manager. In this role, Beckwith will manage the day-to-day operations of the practice and serve as compliance manager, working closely with Raymond James’ home office. She’ll also continue working directly with the WSP team to develop comprehensive financial plans on behalf of the practice’s clients.

Prior to her role as Operations Manager, Heather served as Client Service Manager  at the company. She has extensive experience in branch administration and all aspects of client service, including client support, compliance and communications.

Before joining WSP in 2014, Beckwith served in multiple positions at Raymond James’ headquarters in St. Petersburg, Florida. She was a transition specialist and provided advisors with resources and assistance to make firm and client transitions to Raymond James both smooth and successful. Prior to that, she managed a $10 billion platform and served as a compliance specialist.

“Since joining Wealth Strategies Partners, Heather has become a trusted resource to our clients as we create customized, strategic, financial plans for each of their unique needs,” said Paul Allen, CFP. “Her background in client service brings an added layer of depth and experience to our company, and as our business rapidly grows, I am confident that she will continue to grow as a leader in our practice.”

Beckwith holds her FINRA Series 7, 24, 53 and 63 licenses. She earned her bachelor’s degree in business administration from Tennessee Technological University.

About Wealth Strategies Partners

Wealth Strategies Partners, a member of the Raymond James Financial Services network, is a boutique generational wealth management office. With offices in Nashville, TN, and Sarasota, FL, the practice’s advisors work with families, retirees, entrepreneurs and high-net-worth individuals to create peace of mind by making complex financial situations easier to understand. For more information, please visit https://www.raymondjames.com/wealthstrategiespartners/

About Raymond James Financial Services

Raymond James Financial Services, Inc. is a financial services firm supporting more than 4,300 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 7,800 financial advisors throughout the United States, Canada and overseas. Total client assets are $725 billion as of 12/31/2018.


WEALTH STRATEGIES PARTNERS HIRES DANIELLE SPENCE AS RELATIONSHIP MANAGER

Nashville, Tenn. — September 9, 2019Wealth Strategies Partners today announced the hire of Danielle Spence as Relationship Manager. In this role, Spence will focus on building the practice’s relationships and providing comprehensive, tailored wealth management solutions to its high-net-worth clients.

Spence brings nearly two decades of financial industry experience to Wealth Strategies Partners. Prior to joining the organization, she served as a Vice President of Private Banking at ServisFirst Bank, where she provided comprehensive, personalized banking services to individuals with significant high-net-worth relationships. She has extensive trust and investment management expertise as well as commercial banking and lending experience.

“Adding Danielle to our team at a time when the practice is growing rapidly is exciting for both our clients and our business,” said Paul Allen, CFP. “She will help strengthen and grow our client relationships so that all of our partners can experience the full, long-term benefits of our total wealth management offering.”

She holds the Series 7 General Securities Representative license and certification by the American Bankers Association as a Certified Trust and Financial Advisor.

A leader in the Nashville community, Spence currently serves as a board member with the Board of Directors for Women in Numbers and Family Affair Ministries. She is also a graduate of Young Leaders Council.

About Wealth Strategies Partners

Wealth Strategies Partners, a member of the Raymond James Financial Services network, is a boutique generational wealth management office. With offices in Nashville, TN, and Sarasota, FL, the practice’s advisors work with families, retirees, entrepreneurs and high-net-worth individuals to create peace of mind by making complex financial situations easier to understand. For more information, please visit www.raymondjames.com/wealthstrategiespartners/.

About Raymond James Financial Services

Raymond James Financial Services, Inc. is a financial services firm supporting more than 4,300 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 7,800 financial advisors throughout the United States, Canada and overseas. Total client assets are $725 billion as of 12/31/2018.

Securities are offered through Raymond James Financial Services, Inc., member FINRA/SIPC. 5500 Maryland Way, Brentwood, TN, 37027 615-457-3481. Wealth Strategies Partners is not a registered broker/dealer and is independent of Raymond James Services, Inc. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.


May 29, 2019 – WSP was proud to sponsor the annual Music ‘n May fundraiser to support Leadership Middle Tennessee, a program that focuses on giving its participants a greater understanding of important issues and helps to connect people in the region. Its main purpose is to motivate key players in the region to become engaged in their areas for the betterment of Middle Tennessee. We are excited to have been a part of this event for the betterment of our state.


October 20, 2018 – WSP took park in American Cancer Society’s Making Strides Against Breast Cancer in Sarasota, FL. The event, held at Nathan Benderson Park, helps raise funds for research, provide support and spread awareness of the disease. We were honored to be a part of this special event of celebration, remembrance and hope.


May 10, 2018 – Wealth Strategies Partners would like to congratulate Paul Allen for being recognized in this week's issue of Barron's as being named as one of 2018 Top Advisors*. Read more about it here: https://www.forbes.com/best-in-state-wealth-advisors/#3c7bc3e6291d/

*The 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 7 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 criteria 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 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.


February 20, 2018 – We are humbled and excited to announce that Paul Allen CFP®, has been named to Forbes 2018 Best In State Wealth Advisors List! Forbes, with the assistance of Shook Research, sorted through over 21,000 applications. They looked at Industry Experience, Community Involvement, Client retention and a number of factors in order to compile the list*.

This achievement would not have been possible without your continued trust and support. We hope you will join us in celebrating. Milestones like this serve to reinforce our belief that putting our clients - you - first is still the best, and only, way to do business.

As always, please contact us if you have any questions or would just like to discuss your portfolio.

* The 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 7 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 criteria 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 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.


December 11, 2017 – WSP was honored to sponsor the second annual Ruby & Friends benefiting the Nashville charity MusiCares. The MusiCares organization provides resources for individuals in the music industry to aid in times of medical, financial and personal emergencies. WSP is proud to support the Nashville music community.


July 11, 2017 – Branch Manager, Paul Allen, interviewed in Financial Planning. Read Full interview here: How firms are preparing for soaring health care costs*
* Raymond James is not affiliated with or endorse the services or opinions of Sean Allocca, Ryan McCostlin, Bernard Health, HPOne, or any of the listed publications. The information has been obtained from sources considered to be reliable, but Raymond James does not guarantee that the foregoing material is accurate or complete. Any opinions are those of the author or the individuals quoted and not necessarily those of Raymond James or RJFS.


PAUL C. ALLEN ACHIEVES MEMBERSHIP IN RAYMOND JAMES FINANCIAL SERVICES 2017 LEADERS COUNCIL

March 8th, 2017 – (Brentwood, TN) Paul C. Allen, CFP®, located at 5500 Maryland Way, Suite, 133, was recently named a member of the 2017 Leaders Council. This marks the 2nd consecutive year that Allen has qualified for this important recognition. Members of the Leaders Council represent the top echelon of the firm’s financial advisors, which is a privilege limited to a select few*.

About Raymond James

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 7,500 financial advisors serving client accounts in more than 3,000 locations throughout the United States, Canada and overseas. Total client assets under administration over $727 billion**

*Membership is based on prior fiscal year production. Re-qualification is required annually. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of advisors future performance. No fee is paid in exchange for this award/rating.

**As of 12/31/2017


October 1st, 2016 – It’s October in Tennessee which means Wealth Strategies Partners is excited to be a lead sponsor in the Tennessee Beer and Wine Festival for the second year in a row! The Tennessee Beer and Wine Festival has given over $125,000 to charities in the Donelson & Hermitage area. There is nothing more rewarding than supporting a charity in our community!


September 1st, 2016 – For the month of August, WSP has been collecting supplies for the Nashville Rescue Mission. We are so excited to report that you’ve helped us raise 437 POUNDS of supplies! A big thanks to our friends and clients who helped us make this happen.


July 16th, 2016 – For the second year in a row, WSP is a proud sponsor of the FRA Golf Classic. Most of you know that President of WSP, Paul Allen is a proud alumni of Franklin Road Academy. He is an active member on the Alumni board and enjoys supporting FRA.


June 1st, 2016 – Wealth Strategies Partners is honored to sponsor the P. Hale Golf Tournament.


May 6th, 2016 – Brentwood, TN – Wealth Strategies Partners located at 5500 Maryland Way Suite 133 is pleased to announce a new addition to our team. Matthew Nichols Denmark has joined us as a Financial Advisor.

Matthew joins Wealth Strategies Partners after 2.5 years at Southwestern Investment Group. Wealth Strategies Partners, founder and President, Paul Allen said, "We are honored to have Matthew join our firm. His background in professional athletics and involvement in the music entertainment industry gives Matthew a unique understanding of the wealth management issues for that particular market. He is an incredibly smart and talented Advisor."

Matthew also serves as a director at Community Bank in Pasadena, California. Before working as a bank director and financial advisor Matthew spent 10 years playing professional volleyball in Europe. Traveling the world, learning new languages, and embracing a variety of cultures gives Matthew a unique global perspective.


May 3rd, 2016 – WSP was excited to be the lead sponsor for Bottoms Up. The Event supported the TN chapter of Crohn’s & Colitis Foundation. Partner, David Schadel, has been involved with Foundation since 2014. The Foundation seeks to supports the efforts to cure Crohn’s disease and ulcerative colitis.


March 13th, 2016 – President, Paul Allen, of WSP announces the expansion of the practice in Sarasota, Florida. Our new location will be centrally located in downtown Sarasota. "We are excited to spend more time with our Floridian clients and meet new friends." - says Allen. Sarasota has become a second home to Paul. He enjoys meeting with clients, being an active Circle Member of the Ringling Art Museum, and getting involved with the community.


February 24th, 2016 – Sarasota, FL – As many of you know, Paul is an art enthusiast! Our office highlights numerous local artists and he supports. Paul is proud to announce that he is now a Circle Member of The Ringling Museum of Art. He is proud to be apart of a group who support the care and growth of The Ringling’s diverse collections.


Raymond James is not affiliated with and does not endorse the above mentioned entities.


PAUL C. ALLEN ACHIEVES MEMBERSHIP IN RAYMOND JAMES FINANCIAL SERVICES 2016 LEADERS COUNCIL

January 1st, 2016 – Paul C. Allen, CFP® was recently named a member of the 2016 Leaders Council. Leaders Council honors are presented only to those financial advisors who demonstrate an extraordinary level of commitment to clients through personal service and professional integrity. Members of the Leaders Council represent the top echelon of the firm’s financial advisors, which is a privilege limited to a select few*.

Allen, who joined Raymond James in 2014 has more than 28 years of experience in the financial services industry.

About Raymond James Financial Services

Raymond James Financial Services, Inc. is a financial services firm supporting more than 3,400 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 6,600 financial advisors serving in excess of 2.7 million client accounts in more than 2,700 locations throughout the United States, Canada and overseas. Total client assets are approximately $506 billion.

* Membership is based on prior fiscal year production. Re-qualification is required annually. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of advisors future performance. No fee is paid in exchange for this award/rating.


October 24th, 2014 – David Schadel, CFP®, CRPC®, MS has successfully obtained a Master of Science in Personal Financial Planning from the College for Financial Planning. As a part of the program David is also received the Master Planner Advanced StudiesSM designation. Please join us in congratulating David on these accomplishments!


RAYMOND JAMES RECRUITS WEALTH STRATEGIES PARTNERS TEAM IN BRENTWOOD, TENN.

January, 22nd 2014 – ST. PETERSBURG, Fla. – Raymond James welcomes Paul C. Allen, CFP®, and David Schadel, CFP®, CRPC®, to Raymond James Financial Services (RJFS), the firm’s independent broker/dealer, in Brentwood, Tenn., according to Scott Whitley, regional director for RJFS. The team operates as Wealth Strategies Partners (WSP), an independent firm, with securities offered through RJFS.

The team joins Raymond James from Wiley Bros.-Aintree Capital, LLC., where they managed more than $200 million in client assets.

"Our practice has experienced tremendous growth over the past 12 years," said Allen, president of WSP, "but the time had come for us to be in charge of our own destiny. During our due diligence, we found that Raymond James offers the wealth management resources and platforms our clients desire and the advisor support we need to further grow our business. Focused on the demands of clients today, the firm continually invests in industry-leading technology. I’m looking forward to using resources like Goal Planning & Monitoring for reporting and financial planning."

"We are thrilled to welcome this exceptional team to Raymond James," said Whitley. "Their client-first and conservative values align with those of our firm, and we look forward to providing support to them, their practice and, in turn, their clients."

Allen, a CERTIFIED FINANCIAL PLANNER™ professional, has more than 18 years of experience in the financial services industry and specializes in wealth management for high-net-worth clients. He began his career as a financial advisor at Prudential Securities, and later joined Wiley Bros-Aintree Capital, LLC as vice president, investments. He earned his bachelor’s degree in business administration from the University of Tennessee and master’s degree in financial planning from the College for Financial Planning.

Schadel, vice president of WSP and a CERTIFIED FINANCIAL PLANNER™ professional, joined Allen’s practice in September 2010 as a financial advisor at Wiley Bros.-Aintree Capital, LLC. He previously served as branch manager and senior credit manager at Wells Fargo. He has a bachelor’s degree in business administration with a finance concentration from North Carolina State University, as well as a master’s degree in personal financial planning and a certification in estate planning from the College for Financial Planning.

Joining Allen and Schadel is Heather Beckwith, client services manager. Before joining the team in January 2014, Beckwith spent eight years at Raymond James corporate headquarters, working in various capacities, including compliance advisor, supervisor of a fee-based platform and transition consultant. She has a bachelor’s degree in business administration from Tennessee Technology University.

Raymond James is not affiliated with any of the organizations listed above.
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.

 

Wealth Strategies Partner