Raymond James aims to use Gulch move to boost staff

Financial services firm Raymond James will next week relocate its West End Avenue office, which is home to about 50 people, to MarketStreet’s Gulch Crossing building on Demonbreun Street. The firm’s local leaders have big plans to capitalize on their new space by beefing up their personnel roster by at least seven financial advisors and their staffs.

“The opening of Raymond James’ office at Gulch Crossing has been long anticipated by our advisors and staff and provides us with much needed space to accommodate the expansion of our already strong presence here in Nashville,” Bill Lynch, manager of the retail office, said in a release.

The West End Raymond James branch has almost $2 billion of client assets under management and has grown from its four advisors in 2006 to the 18 who will make the Gulch move.

Jul 29, 2015 11:26 AM

UBS confirms big Franklin expansion

Cool Springs outpost expected to grow to 350 in coming years
Jun 22, 2015 3:24 PM

Cool Springs asset manager adds CPA, former school board member

Cool Springs money manager Dave Crouch has recruited financial executive and former Williamson County Schools board member Cherie Hammond to help him build Aspen Grove Asset Management, the eight-year-old firm that manages about $65 million. Hammond, who is married to media entrepreneur Dan Hammond, also challenged Glen Casada in last year's election for the state House District 63 seat.

As an alternative to product-based financial advisors, Crouch has built the firm’s reputation on intensive management of personally selected individual securities portfolios. Although Hammond will focus on business development in the short term, she plans to earn her Series 7 and Series 66 licenses and become an Investment Advisor Representative within the year.

Jun 19, 2015 9:26 AM

Wealth Access beefs up leadership team

CFO moves over from Shareholder InSite, others to focus on sales and UX
Jun 10, 2015 7:28 AM

Avondale analyst jumps to Lee Danner & Bass

Former 'Best on the Street' laureate moves within American Center
Jun 2, 2015 10:39 AM

State's deputy CIO leaving for Maryland job

The state's No. 2 investment manager is departing to lead Maryland's pension fund system. Pensions & Investments reports that Andrew Palmer, deputy chief investment officer at the Tennessee Consolidated Retirement System, has been named CIO of the slightly larger Maryland State Retirement & Pension System. Palmer has worked for the state since 2006, when he joined as director of fixed income investing from Washington, D.C.-based firm ASB Capital Management.

Jun 2, 2015 7:16 AM

UBS close to Franklin Park commitment

Getahn Ward at The Tennessean reports that UBS is close to committing to 30,000 square feet in One Franklin Park, which already has snagged some other big names. The global financial giant, which has been busy building up its downtown operations center, will install some back-office workers in Cool Springs and also open a wealth management office that could grow to 28 people. Read more here.

May 22, 2015 7:23 AM

Venerable financial name sets up local private banking office

VU MBA has relocated from Charlotte
May 5, 2015 2:27 PM

UBS to add more Nashville jobs

Compliance unit set to grow 30% globally over three years
Apr 17, 2015 7:32 AM

Avondale sets up shop in Memphis

Former family office/Paine Webber exec out to build Mid-South presence
Apr 15, 2015 2:24 PM