WASHINGTON, June 14, 2016 /PRNewswire/ -- Steward Partners Global Advisory LLC, an employee-owned, full service independent partnership associated with Raymond James Financial Services, Inc. (member FINRA/SIPC), announced today that financial advisors John Rice, Alan Scalingi and Andy Githmark, have joined Steward Partners as Founding Partners in a new Manchester, New Hampshire location. The team has a combined 60 years of experience serving clients as wealth managers and joins Steward from Morgan Stanley where they collectively managed $235 million in client assets and had $1.8 million in revenue.
With the newest additions of Rice, Scalingi and Githmark in Manchester, Steward Partners now has six offices in four states and the District of Columbia. The firm, which utilizes Raymond James' platform and support services, also has plans to open several more locations over the next twelve months. Steward's rapid expansion establishes itself as one of the fastest growing full service independent partnerships in the country.
"We're excited to welcome John, Alan, and Andrew to Steward Partners and to Raymond James in Steward's new Manchester, NH location," said Scott Curtis, president of Raymond James Financial Services. "This team is another high quality, client-first focused group of experienced financial advisors to affiliate under Steward Partners' unique business model. We're proud of our relationship."
STEWARD'S RAPID EXPANSION IN THE NORTHEAST
"We continue to see significant interest from Washington, DC to New England," says Steward Partners Global Advisory CEO, Jim Gold. "Our branches are filling up and we are welcoming new partners every month. Although we've created something special early on in the partnership, every new partner helps us define who we are. It's one of the reasons we created the firm in the first place."
"We know Manchester has the ability to grow beyond our team's joining of the firm." says Rice. "The market here can easily accommodate a few more advisors like us and we are looking to expand our own team as well. I've already seen what Jim and his partners have done in Andover and Portsmouth and we are excited to be founding partners in their newest location."
"We spent the last few years carefully analyzing the wealth management landscape. The combined Steward Partners and Raymond James offering was the best we've seen," adds Scalingi.
Steward Partners has added 30 advisors with nearly $30 million in trailing twelve month production who previously managed $4 billion in assets, since November 2013. They anticipate another $10 million in revenue and $1 billion more in assets by year end 2016.
"Our pipeline is nothing short of amazing," adds Executive Chairman Michael Maurer. "We've added more talent to an already impressive team of partners here at Steward. We are now in position to move quickly in markets where opportunities exist and onboard with the same level of quality and care we've been executing in established locations. Staying focused to our values and goals while sifting through potential candidates until we find the right partners, like John, Alan and Andy makes it all worth it in the end."
About Steward Partners Global Advisory
Headquartered in Washington, DC, with additional offices in Andover, MA, Portsmouth, NH, Bethesda, MD and New York City, Steward Partners Global Advisory, LLC is an employee-owned, full service independent partnership catering to family, institutional and multi-generational wealth.
For more information, visit us at www.stewardpartners.com.
About Raymond James Financial Services
Raymond James Financial Services, Inc. is a financial services firm supporting more than 3,600 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 6,700 financial advisors serving in excess of 2.8 million client accounts in more than 2,700 locations throughout the United States, Canada and overseas. Total client assets are approximately $522 billion.
Steward Partners Holdings and Steward Partners Global Advisory, LLC maintains a separate professional business relationship with, and our professionals offer securities through Raymond James Financial Services, Inc., Member FINRA/SIPC. 1776 I Street, NW, Suite 700, Washington D.C. 20006 - Toll Free: (844) 801-8268.
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SOURCE Steward Partners Global Advisory LLC