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February 27, 2019 at 03:10 PM
Raymond James says it has hired a veteran branch executive from Morgan Stanley to run its new Southern New England Complex for employee advisors.
Bill Drew, who spent the past 24 years with Morgan Stanley and Smith Barney, is now in charge of Raymond James & Associates’ branch offices in Massachusetts, Rhode Island and Northern Connecticut.
“The Northeast continues to be one of the most important and strategic markets for the firm, and we are excited to welcome Bill as a key leader for RJA in that area,” according to Tom Galvin, North Atlantic regional director for RJA.
At Morgan Stanley, Drew led branches in the Greater Boston area. He became a financial advisor in 1995 at Smith Barney, moved into a management role in 2000 and was tapped to head the Boston Harbor complex in 2014.
“The marketplace is looking for a firm where advisors have the flexibility and control to run their practices and where they truly own their book of business,” Drew said in a statement.
“Raymond James is uniquely positioned in our industry to help meet those needs,” he added. “I am excited about this opportunity to contribute and increase Raymond James’ growth in this very important market.”
