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Raymond James hires $100M adviser

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An adviser who managed more than $100 million in client assets for Hilliard Lyons has switched over to Raymond James, the firm said.

James Perry Jr. joined Raymond James' employee channel earlier this month in Huntington, West Virginia, according to the firm.

Perry said he made the move for several reasons, including Raymond James' culture and resources.

"I wanted a firm that would be able to assist in identifying an appropriate successor for my practice, when I eventually retire, and for me to know that person would take care of my clients in the same, service-oriented manner to which they have become accustomed," he said in a statement.

Plus: A Morgan Stanley grab totals $410 milllion in combined AUM and more than 30 other job changes.
January 10

Perry is an industry veteran. He got his start in financial services in 1987, working as a trust officer with a community bank in Huntington, the firm says.

He had been with Hilliard Lyons since 1994, according to FINRA BrokerCheck records.

A spokesman for Hilliard Lyons declined to comment on the move.

Raymond James has been on a now long-running recruiting push that appears likely to continue through the year. Earlier this month, the fast-growing regional picked up a Morgan Stanley adviser who oversaw $173 million in client assets, according to the firm.

Adviser Katherine Fisher-Schultz joined Raymond James in Portland, Oregon.

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