Raymond James Financial Institutions Division welcomes $148 million investment program at Guaranty Financial Services
ST. PETERSBURG, Fla. – Raymond James Financial Institutions Division (FID) recently welcomed two financial advisors at Guaranty Financial Services, the investment and wealth management arm of Guaranty Bank and Trust Company, to the firm’s growing division, according to Tim Killgoar, senior vice president and FID national director. Through this partnership, the advisors at Guaranty Financial Services will offer financial planning and wealth management services to clients through Raymond James Financial Services, Inc., member FINRA/SIPC.
“I’m pleased to welcome the advisors at Guaranty Financial Services to our Financial Institutions Division and proud that they found Raymond James to be the best fit based on our quality of services and support. Through our partnership, I’m confident that the program will enhance the client experience through expanded wealth management and financial planning offerings,” said Killgoar.
Led by managing director William “Clayton” Smith, the program includes financial advisors Walker Sudduth and Schyler Cannatella, along with branch associate, Amy Wheeler, and administrative assistant Alison Martello. The advisors were previously affiliated with LPL Financial where they managed approximately $148 million in client assets.
“Raymond James’ client-centric reputation, coupled with its robust technology offering, made for a natural alignment between our brands,” said Smith.
The financial advisors at Guaranty Financial Services share nearly 50 years of combined experience to offer clients a variety of investment products and financial planning strategies to help them reach their financial goals. Guaranty Bank and Trust Company operates at multiple locations throughout Mississippi and Tennessee.
About the Financial Institutions Division
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions.
About Raymond James Financial Services
Raymond James Financial Services, Inc. is a financial services firm supporting independent financial advisors nationwide. Since 1974, Raymond James Financial Services Inc., member FINRA/SIPC, has provided a wide range of investment and wealth planning related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both broker/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF) a leading diversified financial services company with approximately 8,500 financial advisors throughout the United States, Canada and overseas. Total client assets are $1.26 trillion.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, and are not insured by bank insurance, the FDIC or any other government agency, are not deposits or obligations of the bank, are not guaranteed by the bank, and are subject to risks, including the possible loss of principal. Guaranty Bank and Trust and Guaranty Financial Services are not registered broker/dealers and are independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.