Raymond James appoints Senior Vice President, Private Wealth
Kevin Ruth to lead firm initiatives supporting advisors and their clients with significant wealth
ST. PETERSBURG, Fla. – Raymond James announced the appointment of Kevin Ruth as senior vice president (SVP) of Private Wealth to lead the firm’s commitment to providing advanced, custom wealth management strategies for advisors serving high-net-worth and ultra-high-net-worth clients. He joins the firm at its St. Petersburg, Florida headquarters today.
“Kevin’s combination of significant expertise and service-oriented approach will be a great addition to Raymond James,” said Private Client Group President, Scott Curtis. “Under his leadership, we will continue enhancing our private wealth capabilities to address the evolving needs and expectations of advisors’ more sophisticated client relationships.”
With over 25 years in the industry, Ruth brings extensive experience from leading the development and implementation of private wealth programs at Merrill Lynch, UBS and Fidelity. Most recently, he served as head of wealth planning and personal trust at Fidelity Investments.
“With its long history of putting clients first, Raymond James has established an exceptional, relationship-driven culture that stands out in the industry. I’m eager to be a part of that tradition by ensuring we have the right offerings and resources in place to support advisors in delivering high-value, holistic outcomes for clients,” said Ruth.
In his new role reporting to Private Client Group COO, Kim Jenson, Ruth will lead initiatives to build on and enhance the delivery of the robust private wealth solutions available to Raymond James advisors and their high-net-worth clients. The firm’s private wealth management solutions offer advisors advanced resources in estate and charitable planning, intergenerational wealth strategies, custom investment management solutions, cash management and lending, and risk mitigation strategies.
“I’m excited to welcome Kevin to Raymond James. Beyond his impressive background, he is fully committed to our value proposition and service model of helping advisors manage and grow their practices in a way that best suits their clients,” said Jenson. “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.”
In addition to his professional experience, Ruth holds a Bachelor of Science degree from the United States Military Academy at West Point and a Master of Science in financial services from The American College. He has served in the U.S. Army, and is currently chair of the CFP® Board's Standards Resource Commission. Ruth is a CERTIFIED FINANCIAL PLANNERTM professional, Chartered Life Underwriter, Certified Financial Consultant, Chartered Advisor in Philanthropy and Accredited Estate Planner.
Ruth is a highly regarded expert in the industry and is committed to providing thought leadership on topics ranging from comprehensive wealth management to financial literacy. To that end, Ruth has developed the application Give-Get® to provide financial education to high school students in under-served communities. As he joins the firm, Raymond James will be leveraging his educational program in alignment with its corporate responsibility objectives.
“Kevin’s passion for giving back aligns with our firm’s charitable culture and commitment to the communities in which we serve,” added Jenson.
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,500 financial advisors. Total client assets are $1.22 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
Raymond James is not affiliated with Give-Get®.