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Raymond James Hires Private Wealth Chief

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In his new role, Ruth is based in Saint Petersburg, Florida, and reports to Private Client Group COO Kim Jenson. He will focus on efforts to grow and enhance private wealth solutions available to Raymond James advisors and their high-net-worth clients. These efforts include estate and charitable planning, intergenerational wealth strategies, custom investment management solutions, cash management and lending, and risk mitigation.

“His guidance will help ensure our platform remains open for advisors working with clients at any asset level and bolster their ability to provide solutions based on their clients’ unique needs,” said Jensen in a statement. “Kevin’s passion for giving back aligns with our firm’s charitable culture and commitment to the communities in which we serve.

Raymond James has about 8,500 independent and employee financial advisors with client assets under administration of nearly $1.2 trillion.