Raymond James extends Nevada presence with $1.1B powerhouse team

Raymond James is deepening its bench of talent in the West as an experienced team joins its employee advisor unit in Nevada.

On Monday, the firm revealed it had added a four-advisor team to its Raymond James & Associates division in Las Vegas. The team, previously with RBC Capital Markets, managed over $1.1 billion in client assets and brings more than 100 years of collective industry experience to the firm.

The group, known as The Business Exit Planning Advisors of Raymond James, includes financial advisors Kerry Withrow, Ben Hamilton, Ryan D’Souza, and Elliot Bloch, alongside practice business manager Terri Criswell. They will operate out of the firm’s Las Vegas branch, which is part of Raymond James’ West Coast operations.

“Our team partnered with Raymond James for its advanced technology platforms, specifically designed to serve business owners and high-net-worth individuals and families,” Withrow, managing director of the group, said in a statement. 

Withrow, who has over 30 years of industry experience, previously served as managing director at RBC Capital Markets during a 25-year tenure. His career began at Smith Barney Inc., which is now part of Morgan Stanley.

Meanwhile, Ben Hamilton, also managing director, emphasized the firm's client-focused culture as a key differentiator.

"This alignment with our core values ensures that we can continue to deliver the exceptional service our clients deserve,” said Hamilton, who brings 46 years of industry experience and previously served as senior vice president at RBC.

Lance Horton, Raymond James' Mountain Desert complex manager for Nevada and Utah, welcomed the team as "a promising addition to our Western division.”

The firm has distinguished itself as one of the country's leading financial services companies, with an estimated $1.54 trillion in client assets and roughly 8,800 financial advisors through the US, Canada, and beyond.

Prior to the RBC team in Nevada, Raymond James extended its reach in Indiana and South Dakota with additions from Edward Jones and LPL, before which it welcomed an award-winning advisor duo from Merrill in California.