Raymond James has opened a branch in Cheltenham, Gloucestershire, led by former Brewin Dolphin divisional director Paul Whitehead.
Whitehead (pictured) will lead the branch as a principal to provide bespoke discretionary investment management services to clients based across Gloucestershire, Herefordshire and Worcestershire, in London, and across the UK.
It is the firm’s third branch to open this year.
Whitehead joins Raymond James with more than decade of experience in wealth management. He started his career at Brewin Dolphin in 2011, before being promoted to become one of the youngest divisional directors in the business at the age of 30.
At Raymond James he will develop the branch’s investment proposition using in-house and institutional research to provide flexible investment solutions to his clients.
Whitehead said: “The pandemic has given me a chance to reset and consider what is important in my profession, namely, building lasting and meaningful relationships with clients and the resulting satisfaction of providing them with an excellent service.
See also: Raymond James lets wealth manager partners join as employees while retaining investment autonomy
“Raymond James’ approach goes against the tide in our industry – they empower their wealth managers to focus on the heart of their business: their clients. I am a firm believer that if you do the right thing for your clients then the business will take care of itself.
“I am looking forward to harnessing the support and tools Raymond James provides to grow and develop an investment proposition where I am in the driving seat of my own business, giving me the chance to focus on delivering a quality service and investment returns.”
Raymond James head of business development Anthony Scott said: “This year our Raymond James family has continued to grow from strength to strength, and Paul is another outstanding addition to the team. Paul’s genuine focus on client care perfectly aligns with our culture and we look forward to providing him with the support he needs to flourish.”
See also: Anthony Scott – ‘People who come to us don’t want to be pigeonholed’
