Client Support Specialist 2 - RJ Bank

Who's moving where in wealth management? - Citi Wealth, LPL, Raymond James. Editorial Staff September 29, 2026 The latest senior wealth management moves, appointments and personnel changes in the North American sector. Citi Wealth Anne McCosker, head of lending at Citi Wealth, is taking up leadership of the Citi Wealth Deposits team, putting lending and deposit product areas under a single leadership structure. McCosker joined Citigroup in 2025. LPL Financial LPL Financial has announced that financial advisors Jon Burnett, Dan Fowler and Chad Carlile have joined its broker-dealer, RIA and custodial platforms. Together, the advisors reported serving approximately $430 million in advisory, brokerage and retirement plan assets. They have joined LPL from Raymond James. Based throughout the Texas Panhandle and West Texas, Burnett Financial Services, Fowler Investment Services and Carlile Investment Services serve a client base that includes farmers, ranchers, oil and gas professionals, business owners and multigenerational families. Based in Amarillo, Texas, Burnett Financial Services is led by financial advisor Jon Burnett. Supporting the practice is Ryan Houk who has worked with Burnett and his clients for approximately 15 years. Fowler Investment Services, which is based in Pampa, Texas, is led by financial advisor Dan Fowler, who has worked in financial services since 2012. Based in Lubbock, Texas, Carlile Investment Services is led by financial advisor Chad Carlile who has more than two decades of industry experience serving clients across West Texas. Supporting the practice is Cyan Batchelor who has worked alongside Carlile and his clients for approximately 20 years. Raymond James Raymond James recently welcomed financial advisors Todd Harris, Connie Gilderhus, Sarah Fuller, Robert Conderman and Joseph Palma to the firm's independent advisor channel. Operating as Harris Wealth Partners in Rochester, New York, the team arrived from Commonwealth Financial Network where it managed about $500 million in client assets. The advisors are joined by executive assistants Melissa Rigdon and Taylor Rynders, and client relations manager Rochelle Bober. Harris brings more than 20 years of financial services industry experience to his role as principal of the team. He holds a bachelor and master's degree in chemistry as well as a master's degree in science education from Syracuse University. Raymond James also recently welcomed financial advisors David Lorbiecki, Dan "Chris" McPhail Jr, David Haas and Willis Gaer to the employee advisor channel. The group operates as Greenwood Wealth Partners of Raymond James in Clive, Iowa. The advisors have arrived from D M Kelly & Company where they managed approximately $1.25 billion in client assets; they are joined by practice business manager Holly Ellsworth.

Raymond James: A retirement plan solution for small businesses (2026). Hook paragraph: When a wealth manager decides to roll out a retirement-plan platform for its advisors, the headline often reads like a routine product launch. Yet beneath the press release lies a subtle shift that could reshape how small-business owners think about saving for the future - and how advisors position themselves in an increasingly crowded market. Why Raymond James' New SIMPLE IRA Program Is More Than Just Another Offering Personally, I think the real story here isn't just that Raymond James is giving its 8,900 advisors a new tool to sell; it's that the firm is recognizing a quiet demand that has been bubbling under the surface for years. Small-business owners, especially those with fewer than 100 employees, have long been stuck between costly 401(k) plans and the limited flexibility of a basic IRA. What makes this particularly fascinating is that Raymond James is blending the administrative ease of a SIMPLE IRA with some of the customizable features usually reserved for larger 401(k) platforms. From my perspective, this hybrid approach acknowledges that many entrepreneurs want both simplicity and the ability to tailor investment options to their workforce's demographics - a combination that has been surprisingly rare in the small-business space. The Hidden Shift Toward In-House Advisory Services One thing that immediately stands out is the move to bring retirement-plan advisory in-house rather than relying on external record-keepers or third-party platforms. In my opinion, this reflects a broader trend where wealth managers are attempting to own the entire client experience, from investment advice to plan administration. What many people don't realize is that by handling the advisory side internally, firms can deepen relationships with advisors, potentially increasing retention and cross-selling opportunities. If you take a step back and think about it, this strategy also allows the parent company to gather richer data on how small businesses allocate retirement savings, which could inform future product development - a advantage that pure-play record-keepers simply don't have. What Advisors Really Gain (and What They Might Overlook) From the advisor's viewpoint, the SIACS program offers a lever to offer "in-house, non-discretionary retirement plan investing and advice services" without taking on custody or fiduciary liability for the plan assets. A detail that I find especially interesting is the explicit note that advisors won't earn commissions for recommending SIACS, yet the filing acknowledges a potential conflict of interest that will be managed through disclosure and fiduciary duty adherence. Personally, I think this disclosure is a double-edged sword: on one hand, it shows regulatory awareness; on the other, it hints that the firm anticipates advisors might still be tempted to push the program for reasons unrelated to client benefit, such as meeting internal sales targets. What this really suggests is that the success of the program will hinge less on the product's features and more on how rigorously advisors adhere to the fiduciary standard when presenting it to small-business clients. The Bigger Trend: State Mandates, Tax Incentives, and a Coming Wave Retirement plan offerings are projected to surge from roughly 830,000 in 2025 to over a million by 2030, driven largely by state-level mandates and attractive tax credits. In my view, Raymond James' timing is hardly coincidental; the firm is positioning itself to capture a slice of a market that is expected to be dominated by small businesses. What many observers miss is that this wave isn't just about quantity - it's about the quality of advice that will accompany those new plans. As more employers are compelled to offer retirement options, the demand for knowledgeable, trustworthy advisors will rise sharply. From my perspective, firms that can combine scalable technology with genuine, personalized guidance will likely outperform those that merely plug a product into a sales pipeline. A Personal Take on the Conflict-of-Interest Disclosure If there's one takeaway I'd emphasize, it's that the acknowledgment of a potential conflict of interest, while technically correct, feels like a minimal compliance gesture rather than a proactive effort to align incentives. Personally, I think the industry would benefit from going beyond disclosure and exploring compensation models that truly tie advisor remuneration to participant outcomes - think longevity of account balances, employee engagement metrics, or even retirement readiness scores. Until then, programs like SIACS will remain useful tools, but their impact may be limited by the very human tendency to prioritize short-term gains over long-term client welfare. Looking Ahead Ultimately, Raymond James' move is a microcosm of a larger evolution in wealth management: the blurring lines between product manufacturing, advisory services, and plan administration. What makes this development intriguing is that it forces advisors to wear multiple hats - product specialist, fiduciary guide, and business consultant - all while navigating a regulatory landscape that is becoming increasingly nuanced. In my opinion, the firms that thrive will be those that view these new offerings not as revenue streams in isolation, but as opportunities to deepen trust, demonstrate expertise, and help small-business owners build retirement security that lasts far beyond the next quarter. Top Articles Article information Last Updated: 2026-09-25T03:47:49+07:00 Views: 6077 Rating: 4.3 / 5 (64 voted) Name: Patricia Veum II Birthday: 1994-12-16 Address: 2064 Little Summit, Goldieton, MS 97651-0862 Phone: +6873952696715 Job: Principal Officer Hobby: Rafting, Cabaret, Candle making, Jigsaw puzzles, Inline skating, Magic, Graffiti Introduction: My name is Patricia Veum II, I am a vast, combative, smiling, famous, inexpensive, zealous, sparkling person who loves writing and wants to share my knowledge and understanding with you.