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Raymond James Forms Tampa Bay Complex for Employee Reps

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Raymond James says its employee channel now has a Tampa Bay complex in Florida, which will be led by Doug Brigman and support the growth strategies of some 100 financial advisors in the area.

Brigman, who joined the firm in 2008, most recently served as head of Fiduciary Services, coordinating the firm’s response and compliance with the Department of Labor fiduciary rule. He also led the Raymond James’ Cash and Lending Solutions group served as director of Private Client Group (PCG) Planning and Strategy.

“Raymond James has always enjoyed a strong presence locally, particularly given the proximity and access to the firm’s international headquarters” in St. Petersburg, said Patrick O’Connor, the Florida regional director for Raymond James & Associates, in a statement.

“In positioning our area for further long-term growth, we recognized a unique incremental opportunity to unite the branches as a complex,” O’Connor explained. Having led a variety of strategic initiatives for the firm as a senior leader, Doug is a natural fit for this new leadership role.”

While Raymond James includes 7,346 advisors and $718 billion in client assets; 3,041 of those are employees (as of Sept. 30).

“With the support of headquarters in our own backyard, I look forward to leveraging my experience to serve our local financial advisors, as they adapt to industry trends, grow their businesses and help clients achieve their financial goals,” Brigman said in a statement.

 The company will report its latest quarterly earnings on Jan. 24. 

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