Raymond James added a $2.7 million team to its ranks, the broker-dealer announced Tuesday. Louisville, Ky.-based advisors Harry Wall, Marc Young, Timothy Campisano and Brent Carlton have formed Louisville Capital Advisors of Raymond James.
Wall, Young, Campisano and Carlton join Raymond James from Merrill Lynch, where they managed more than $853 million in assets and generated $2.7 million in annual revenue.
“I’m thrilled to welcome such an accomplished team to Raymond James,” Tash Elwyn (left), president of the private client group for Raymond James & Associates, said in a statement on Tuesday. “The members of Louisville Capital Advisors are highly regarded individuals who collectively bring over 110 years of industry experience and knowledge to our firm. We could not ask for a stronger team to join us in the Louisville area.”
Wall, a graduate of Washington & Lee University, will serve as senior vice president of investments for the firm, and has been in the industry for 26 years. For the past three years he has been named one of Barron’s Top 1000 Financial Advisors in the country and among the Top 10 in Kentucky.
Young, Campisano and Carlton will serve as vice presidents of investing.
Young has more than 14 years of industry experience in financial planning, concentrated stock strategies and liability management and will lead the research and selection of exchange-traded funds and mutual funds for the team. He earned bachelor’s degrees in political science and accounting from the University of Louisville and a Master's of Business Administration from Indiana University.
Campisano has more than 12 years of experience in providing comprehensive financial planning, investment-based solutions and retirement strategies, as well as personal banking services, to clients. He specializes in serving the needs of corporate executives with issues such as company stock options and concentrated stock positions. He is a graduate of Webster University and the University of Louisville School of Business.
Carlton, with 12 years of industry experience, specializes in serving corporate executives, health care professionals and retirees with comprehensive financial planning, retirement strategies, managing company retirement plans and managing variable annuity investments. He earned his bachelor’s degree and an MBA from the University of Louisville.
"Our decision to join Raymond James was one made with considerable thought and due diligence,” Wall said in the statement. “We were attracted to the stability and conservatism of the firm as well as the positive attitude of each associate. Everyone we met treated us as though we were valued and respected, both as professionals and as human beings."