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Three Texas Advisor Teams Join Raymond James From Wells Fargo, LPL


A trio of advisor teams collectively managing about $567 million in client assets are joining Raymond James in Texas, the firm announced Thursday.

The three teams are joining Raymond James’ independent advisor channel in the Lone Star State from previous affiliations at Wells Fargo and LPL Financial, according to Raymond James’ Central Division Director Kirk Bell.

Steve Jumper operates as Jumper & Associates Financial Services and is based out of Texarkana. Jumper works alongside client service associates Carla Hancock and Marti Hall managing about $121 million in assets, with an emphasis on retirees and families. He began his three-decade career in the industry at Edward Jones before moving to Wells Fargo in 2015.

Meanwhile, El Paso–based advisor William Pettit also joined from Wells Fargo. Pettit manages about $151 million in assets, with more than 20 years’ industry experience. Pettit works with business owners, corporate executives and health care professionals, among others. He said he had been seeking a partner that would be “friendly” for the different needs his clients require.

“Raymond James quickly rose to the top of my list, having the infrastructure and technology that would allow me to transition my clients and continue to work in their best interest,” he said.

Additionally, Tim Wilson and Joseph Logsdon operate Logsdon Wilson Wealth Advisors out of Lewisville, Texas, managing about $295 million in client assets. The duo joined from LPL Financial, where Wilson had spent his 23 years in the industry, half that time partnered with Logsdon. 

Logsdon started his own career in 2003 at Merrill Lynch and spent two years there before moving to LPL. In a statement about the move, Logsdon said the duo was affiliating with Raymond James because of the “size and scale” of the company, as well as its investment platform and tech offerings.

Several days ago, Alex. Brown, a division of Raymond James, revealed it had added five advisors based out of Miami from Wells Fargo, managing a total of $1.7 billion in client assets. The company also announced this week that President John Carson would retire at year-end and that Paul Allison, the head of the firm’s Canadian subsidiary, would also step down.

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