Raymond James says it has recruited a team from Morgan Stanley to its independent channel. Ashley Banks, CDFA, CFP, and Donna Carroll, CDFA, are now with Raymond in Gainesville, Florida.
The duo operates as Banks Carroll Group, previously managed $112 million in client assets and specializes in working with female clients with a focus on divorce financial strategies.
“Ashley and Donna are passionate and steadfast in helping their clients during major life changes, particularly those going through divorces, and helping them achieve financial independence,” said Jodi Perry, Southeast regional director for Raymond James Financial Strategies, in a press release.
Banks and Carroll began their careers at Merrill Lynch and have worked together since 1995.
What Your Peers Are Reading
“They are an exceptional advisor team, and we are pleased they chose to partner with Raymond James as they continue to grow their business and their niche client base,” Perry explained.
Before moving to Raymond James, Banks was the manager of Morgan Stanley’s branch in Gainesville; both she and Carrol have over 25 years of industry experience.
“We made the move to Raymond James for several reasons, particularly their unique business culture, their longtime focus on financial planning and the type of support they offer to advisors,” said Banks, in a press release.
“Another draw to Raymond James was the firm’s Network for Women Advisors,” she explained. “… Raymond James truly values its female advisors, and that it dedicates resources and support toward helping them learn, grow, network and succeed.”