LPL, Raymond James And Brighton Jones Add Advisor Talent In Latest Recruiting Moves
LPL Financial, Raymond James and Brighton Jones have each added advisor talent, highlighting different paths firms are using to grow in a competitive recruiting market.
The latest moves include a Massachusetts-based advisory team joining LPL Strategic Wealth, a Missouri advisor moving into Raymond James’ employee channel and a Seattle-based RIA opening its first Ohio office.
The announcements reflect three different recruiting strategies:
LPL Financial added a large advisory team through its supported independence model.
Raymond James brought an Edward Jones advisor into its employee advisor channel.
Brighton Jones expanded geographically by hiring a lead advisor for its new Cleveland-area office.
LPL Adds Davis Executive Wealth Through Strategic Wealth
LPL Financial announced that Davis Executive Wealth has joined LPL Strategic Wealth, the firm’s supported independence model.
The Norwell, Massachusetts-based team reported serving approximately $635 million in advisory assets and joined from Steward Partners. LPL’s official announcement identified the team as led by Timothy Davis, CFP, senior managing partner.
The practice also includes managing partners Michaelyn Bortolotti and Michael Carilli, along with Edward Neibert and Henry Brown in client service and operations roles.
Davis Executive Wealth serves clients across several markets, including executives, entrepreneurs, business owners and high-net-worth families. Its work includes planning tied to taxes, estates, liquidity needs and generational wealth transfer.
For LPL, the move strengthens its Strategic Wealth channel, which gives advisory teams added business support while allowing them to operate with more independence. That support model includes technology, pricing, marketing, administrative help and business management resources.
Marc Cohen, LPL’s chief growth officer, said the Davis team’s planning approach and client base fit the type of practice LPL Strategic Wealth was built to support.
Raymond James Recruits Brent Tiemeyer In St. Louis
Raymond James & Associates also added Brent Tiemeyer to its employee advisor channel.
Tiemeyer joined Olive Tree Private Wealth of Raymond James in St. Louis after previously working at Edward Jones. Raymond James said he managed approximately $150 million in client assets before the move.
He spent nine of his 10 years in the industry with Edward Jones, according to the InvestmentNews report.
At Raymond James, Tiemeyer joins a private wealth team serving individuals, families and business owners. His move adds to Raymond James’ continued recruitment of advisors seeking research support, planning resources and a larger private-wealth platform.
The addition also shows how employee advisor channels remain active in recruiting. While some advisors are moving toward independent models, others continue to choose firms that provide more direct platform, compliance and local office support.
Brighton Jones Opens Its First Ohio Office
Brighton Jones announced a new Midwest expansion with the opening of its first Ohio office in Beachwood, near Cleveland.
The Seattle-headquartered RIA said Mitchell Kotheimer joined as lead advisor for the Ohio office. Kotheimer previously served as a senior financial planner at Independence Wealth Advisors and has worked with more than 350 families during his career.
Brighton Jones said Kotheimer will serve clients as a Personal CFO, coordinating areas such as investments, tax planning, estate planning, philanthropy and broader wealth planning.
The Ohio launch gives Brighton Jones another regional foothold as it expands outside its Seattle base. The firm has roughly $30 billion in assets under advisement and now operates across 24 cities, according to the InvestmentNews report.
Brighton Jones also said that Cleveland is its sixth new office in the past two years. The firm continues to seek advisor talent in several other markets, including Detroit, Fort Lauderdale, Raleigh-Durham, Salt Lake City, San Diego, St. Louis and Stamford.
Advisor Hiring Continues Across Several Growth Models
The latest announcements show how advisor recruiting is not moving in only one direction.
Some teams are seeking independence with more operational support. Others are choosing employee channels that offer firm-backed infrastructure. RIAs are also expanding by hiring local advisors who can help open new markets.
That difference matters because firms are competing on more than payout or asset size. Advisors are also weighing service support, technology, client experience, branding flexibility and long-term growth options.
For LPL, Davis Executive Wealth adds scale to its supported independence model. For Raymond James, Tiemeyer strengthens an employee-channel team in Missouri. For Brighton Jones, Kotheimer helps launch a new regional office as the firm pushes farther into the Midwest.
Together, the moves show that advisor recruitment remains active across platform types, from independent broker-dealers to employee channels and national RIAs.
