Raymond James welcomes financial advisor team managing $315 million in assets to open new employee advisor branch location
Advisor team opens the firm’s newest employee advisor branch in Davenport, Iowa
ST. PETERSBURG, Fla. – Raymond James welcomed financial advisors James Wendling, Steven VanDerSchaaf and Clint Allaman in Davenport, Iowa, to Raymond James & Associates (RJA) – the firm’s employee advisor channel – according to Michael O’Meara, Midwest regional director for RJA.
The advisors join Raymond James from Morgan Stanley, where they previously managed approximately $315 million in client assets. Together, they operate as Wendling VanDerSchaaf Allaman Group of Raymond James.
“One of the reasons we were attracted to Raymond James is the client-first culture,” said VanDerSchaaf, senior vice president, wealth management. “This has been evident in the resources and support we receive for our clients, but also in the independence and freedom the firm offers as we run our practice.”
Wendling, senior vice president, investments, is a veteran financial advisor of over 35 years, over 30 of those with Morgan Stanley and predecessor firms. He is a graduate of the University of Iowa with a degree in business.
VanDerSchaaf, senior vice president, wealth management, began his career in 1993 working for several companies in Chicago and was affiliated with Morgan Stanley prior to joining Raymond James. He is a graduate of the University of Illinois at Champaign-Urbana and earned a degree in economics with a concentration in finance.
Prior to joining Raymond James, Allaman, vice president, investments, was affiliated with Morgan Stanley since 2012. He also worked in corporate business for 15 years. He earned his bachelor’s degree from Western Illinois University and his MBA from St. Ambrose University.
“We are very excited to welcome Jim, Steve and Clint to Raymond James as we reinforce our commitment to Davenport and the Quad Cities with the opening of our newest RJA location,” said O’Meara.
About Raymond James & Associates
Raymond James & Associates, Inc., member New York Stock Exchange/SIPC, which has built a national reputation for more than 58 years as a leader in financial planning for individuals, corporations and municipalities, is a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF), a leading diversified financial services company with approximately 8,400 financial advisors throughout the United States, Canada and overseas. Total client assets are $1.21 trillion. Additional information is available at raymondjames.com.