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Raymond James Welcomes Massachusetts Advisors Managing Over $120 Million in Assets

1. Raymond James welcomes team managing over $120 million in client assets. 2. Advisors emphasize empathy and transparency aligning with RJF values. 3. Total client assets for Raymond James reach approximately $1.64 trillion.

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Why Bullish?

The addition of experienced advisors boosts RJF's asset management capabilities, reflecting strong growth potential. Historical trends indicate similar team inclusions have positively affected stock prices.

How important is it?

Hiring experienced advisors significantly enhances RJF's capacity to attract more clients, thereby increasing future revenues. The strategic move aligns with their growth objectives and market positioning.

Why Short Term?

The immediate increase in client assets could result in quick revenue growth for RJF. Past advisor transitions have directly impacted earnings in the short term.

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St. Petersburg, Fla., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Raymond James (NYSE: RJF) recently welcomed financial advisors Charlene Dolan, CFP®, AIF®, Danielle Holmes, CRPC®, AIF®, and John MacDonald, ChFC®, AIF®, to Raymond James Financial Services (RJFS) – the firm’s independent advisor channel – according to Alex David, Northeast divisional director for RJFS. The team arrives from Commonwealth Financial Network, where they managed over $120 million in client assets. As Linden Financial Group, based in Amesbury, Massachusetts, they provide comprehensive financial planning and investment management guidance. “Our approach is grounded in empathy, transparency, and building enduring client relationships—principles that align seamlessly with the values upheld by Raymond James,” said Dolan. “The firm’s blend of high-touch support and leading-edge technology allows us to elevate the client experience in a truly personal and powerful way.” Dolan has been affiliated with Commonwealth since 2000 and brings 27 years of industry experience to her advisory role. Her experience is backed by an undergraduate degree from the University of Massachusetts Amherst in addition to the CERTIFIED FINANCIAL PLANNER® and Accredited Investment Fiduciary® designations. Holmes began her career in 1994, most recently affiliated with Commonwealth for over 12 years. Her 18 years of professional experience are backed by a bachelor’s degree in behavioral finance from the University of Massachusetts Amherst in addition to the Chartered Retirement Planning CounselorTM and Accredited Investment Fiduciary® designations. MacDonald offers more than nine years of industry experience accrued at Commonwealth. He studied management at North Shore Community College and holds the Chartered Financial Consultant® and Accredited Investment Fiduciary® designations. About Raymond James Financial ServicesRaymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS provides a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.64 trillion as of June 30, 2025. Additional information is available at raymondjames.com.Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Linden Financial Group is not a registered broker/dealer and is independent of Raymond James Financial Services. 

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