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After hockey-stick 2019 AUA growth, and a half-pivot to 1099 model, Steward Partners gets first $50 million of external capital

The Raymond James-backed roll-up spikes from $5 billion to $13 billion and gets more of an IBD model tacked on and the co-founders move past a legal dispute for now

Author By Lisa Shidler November 19, 2019 at 4:24 AM
2 Comments
no description available
James Gold: We all know that capital tends to dry up. We’re fully capitalized and ready to go.

Raymond James

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Steward Partners


The truth

The truth

November 19, 2019 — 2:48 PM
do some real reporting why was Jim Gold fired from Morgan Stanley
Jeff Spears

Jeff Spears

November 20, 2019 — 5:27 PM
We need to follow the profitability $. When the structures are confusing we need to adopt the poker statement of identifying the sucker.

Related Moves

August 24, 2019 at 4:25 AM

Last year's RIA chief departs Raymond James after ship sails without her at helm of RIA unit, leaving her anchored to COO role

Maria Daley took the reins after Bill Van Law's unexpected departure, but Greg Bruce came on in March to lead RIA Unit, a job she held on interim basis

June 6, 2019 at 2:16 AM

Raymond James finally names new RIA chief and, yes, he is a Schwab veteran

The St. Petersburg, Fla. broker-dealer parted ways with Bill Van Law -- a Merrill Lynch veteran -- a year ago; now it has a real RIA veteran in Greg Bruce

March 4, 2019 at 11:54 PM



Mentioned in this article:

Raymond James Financial Inc.
Asset Custodian
Top Executive: Bill Van Law



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