Raymond James says that Bill Van Law, president of the Investment Advisors Division, will be leaving the firm on April 2 to “pursue other personal and professional interests.”
Van Law, who has been leading Raymond James’ efforts to attract registered investment advisors, is a 15-year veteran with the firm, which is now searching for his replacement.
“Bill has had significant impact on our Private Client Group businesses, including the growth and success of the Investment Advisors Division,” said Chairman & and CEO Paul Reilly. “We are grateful for his many contributions and wish him well with his future endeavors.”
Van Law joined Raymond James in 2003 after spending 18 years at Merrill Lynch (1984-2002), where he served in various leadership roles following a successful career as a financial advisor.
“It’s surprising news as he’s been there a long time,” said recruiter Jon Henschen of Henschen & Associates, in an interview. “He’s been well liked by other management, staff and advisors, and he’s very competent.”
At Raymond James, Van Law helped launch the Advisor Select division, serving as director of the firm’s employee Mid States Division as well as national director of business development.
“It’s been a privilege to work within Raymond James’ unique, client-first culture since joining in 2003,” said Van Law om a statement. “I am looking forward to time with my family before pursuing the next chapter in my life and career.”