Raymond James welcomes financial advisor managing $156 million in assets in Monroe, North Carolina
ST. PETERSBURG, Fla. – Raymond James welcomed financial advisor Terry N. Estes, CFP®, to Raymond James Financial Services, Inc. (RJFS) – the firm’s independent advisor channel – according to Shannon Reid, Northeast division director for RJFS.
Estes joins Raymond James and Freedom Street Partners, a partnership of independent advisors affiliated with RJFS, from Edward Jones where he managed approximately $156 million in client assets. A CERTIFIED FINANCIAL PLANNERTM professional, Estes brings over two decades of experience to the team supported by client service manager, Sandy Thomas.
“I was attracted to Raymond James and Freedom Street Partners by the advanced technology to support planning and asset management activities. Those efficiencies allow me to focus on my practice serving high-net-worth families with comprehensive planning that encompasses their overall financial picture,” said Estes, private wealth consultant.
With his addition, Freedom Street Partners continues its expansion over the past year, adding a satellite branch in Monroe, a suburb of Charlotte, North Carolina.
"Despite the challenges of the past two years, we have been blessed to be able to continue to grow with outstanding advisors, like Terry, who are great ambassadors within their respective communities," said Scott W. Danner, financial advisor, RJFS and CEO, Freedom Street Partners. "As advisors continue to yearn for autonomy, ownership, and freedom, our platform continues to attract those that value ‘independence with support’ with cutting edge technology, allowing them to deliver an ideal client experience for those they serve."
Since 2018, Freedom Street has grown from $312 million to $2.6 billion in assets under management through December of 2021, now with locations in seven states, primarily in the Southeast as well as Illinois.
"I can’t express how gratifying it is to not only have the rapid growth we’ve experienced, but our ability to grow with the right people who truly believe we are better together," said Andrew Gregory, founding partner, Freedom Street Partners. "We are excited to partner with our newest advisors, as well as our existing teams, to help provide them the platform, people, and infrastructure to scale their business while getting back their most valuable asset - their time."
About Freedom Street Partners
Freedom Street Partners (www.freedomstreetpartners.com) is a partnership of entrepreneurial minded advisors who value the freedom, autonomy, and ownership as independent business owners, while also valuing the processes, infrastructure, and support that help them deliver an ideal client experience through Life and Wealth Optimization.
Headquartered in Chesapeake, Freedom Street Partners was founded in 2016 and currently serves 31 advisors in 16 offices with nearly $2.6 billion in assets under management (AUM) (as of 12/01/2021). Advisors enjoy the balance of freedom and autonomy combined with quality, cutting-edge resources and technology to help support their independence and build enterprise value.
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 8,700 financial advisors throughout the United States, Canada and overseas. Total client assets are $1.25 trillion.
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.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Freedom Street Partners is not a registered broker/dealer and is independent of Raymond James Financial Services.