Raymond James Financial Services welcomes financial advisors Stew Flaherty and Tami Colvin, managing $305 million in client assets.
Quiver AI Summary
Raymond James Financial Services (RJFS) has announced the addition of financial advisors Stew Flaherty and Tami Colvin, who together managed approximately $305 million in client assets at Commonwealth Financial Network. Operating as FlahertyColvin in Westerville, Ohio, they focus on holistic financial planning for various clients, including business owners and retirees. They are joined by additional support staff, and Flaherty expressed that Raymond James aligns with their commitment to client-centric values. With over 50 years of experience, Flaherty is highly credentialed, while Colvin brings over 35 years and serves as president. RJFS, a subsidiary of Raymond James Financial, supports independent advisors with a diverse range of services.
Potential Positives
- Raymond James Financial Services strengthens its advisor team by welcoming experienced financial advisors Stew Flaherty and Tami Colvin, who bring a combined over 85 years of industry experience and manage approximately $305 million in client assets.
- The addition of Flaherty and Colvin aligns with Raymond James’ commitment to client-centric services and relationship-building, enhancing the firm's reputation in the financial advisory space.
- The expansion into Westerville, Ohio, with the establishment of the FlahertyColvin team enhances Raymond James’ regional presence and outreach to target client demographics, including business owners and women investors.
Potential Negatives
- None
FAQ
Who are the new advisors joining Raymond James?
Stew Flaherty and Tami Colvin, along with their team, have joined Raymond James Financial Services.
Where were Flaherty and Colvin prior to Raymond James?
They were previously affiliated with Commonwealth Financial Network, managing approximately $305 million in client assets.
What services does FlahertyColvin offer?
FlahertyColvin specializes in holistic financial planning for business owners, families, retirees, and women investors.
What is the experience level of Flaherty and Colvin?
Flaherty has over 50 years, and Colvin has more than 35 years of experience in the financial industry.
What firm supports independent financial advisors like FlahertyColvin?
Raymond James Financial Services supports independent financial advisors nationally, providing a wide range of investment services.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RJF Congressional Stock Trading
Members of Congress have traded $RJF stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $RJF stock by members of Congress over the last 6 months:
- REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 04/07.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$RJF Insider Trading Activity
$RJF insiders have traded $RJF stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $RJF stock by insiders over the last 6 months:
- BELLA LOYKHTER ALLAIRE (Chief Admin Officer) sold 6,570 shares for an estimated $963,227
- JAMES E BUNN (President, Capital Markets) sold 3,650 shares for an estimated $498,183
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RJF Hedge Fund Activity
We have seen 411 institutional investors add shares of $RJF stock to their portfolio, and 442 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 1,651,380 shares (+41.6%) to their portfolio in Q2 2025, for an estimated $253,272,150
- AGF MANAGEMENT LTD removed 1,621,549 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $248,696,970
- VICTORY CAPITAL MANAGEMENT INC added 956,234 shares (+50.8%) to their portfolio in Q2 2025, for an estimated $146,657,608
- INVESCO LTD. removed 760,263 shares (-26.2%) from their portfolio in Q2 2025, for an estimated $116,601,536
- FIRST TRUST ADVISORS LP added 709,315 shares (+39.9%) to their portfolio in Q2 2025, for an estimated $108,787,641
- GAMMA INVESTING LLC removed 669,485 shares (-99.2%) from their portfolio in Q2 2025, for an estimated $102,678,914
- SELECT EQUITY GROUP, L.P. removed 525,404 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $72,983,869
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RJF Analyst Ratings
Wall Street analysts have issued reports on $RJF in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JMP Securities issued a "Market Outperform" rating on 04/24/2025
- Goldman Sachs issued a "Buy" rating on 04/03/2025
To track analyst ratings and price targets for $RJF, check out Quiver Quantitative's $RJF forecast page.
$RJF Price Targets
Multiple analysts have issued price targets for $RJF recently. We have seen 8 analysts offer price targets for $RJF in the last 6 months, with a median target of $172.5.
Here are some recent targets:
- Michael Cho from JP Morgan set a target price of $172.0 on 07/24/2025
- Kyle Voigt from Keefe, Bruyette & Woods set a target price of $170.0 on 07/24/2025
- Michael Cyprys from Morgan Stanley set a target price of $180.0 on 07/15/2025
- Brian Fitzgerald from JMP Securities set a target price of $180.0 on 07/14/2025
- Michael Brown from Wells Fargo set a target price of $163.0 on 07/11/2025
- Christopher Allen from Citigroup set a target price of $165.0 on 07/07/2025
- Alexander Blostein from Goldman Sachs set a target price of $173.0 on 04/03/2025
Full Release
St. Petersburg, Fla., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Raymond James (NYSE: RJF) recently welcomed financial advisors Stew Flaherty, AIF®, ChFC®, CLU®, CRC®, and Tami Colvin, CFP®, CRC®, to Raymond James Financial Services (RJFS) – the firm’s independent advisor channel – according to David Sisemore, Midwest divisional director for RJFS.
The duo arrives from Commonwealth Financial Network where they managed approximately $305 million in client assets. Operating as FlahertyColvin in Westerville, Ohio, they provide holistic financial planning and guidance to a variety of clients, specializing in business owners, families and individuals, retirees and pre-retirees and women investors. They are joined by Registered Service Representative Lia Casino, CRC®, and Client Services Associates Erin Bäby and Tamara Adams.
“Raymond James shares our deep commitment to doing what’s right for clients,” said Flaherty. “The firm’s culture aligns with ours in that we value relationships, focus on the long-term and put people first. We’ve found a true home here.”
Flaherty brings more than 50 years of industry experience, most recently through affiliation with Commonwealth since 2013. He is an Accredited Investment Fiduciary®, Certified Retirement Counselor®, Chartered Financial Consultant® and Chartered Life Underwriter®.
Colvin served at Commonwealth for 12 years and brings more than 35 years of industry experience to her role as president. She holds the CERTIFIED FINANCIAL PLANNER® and Certified Retirement Counselor® designations.
About Raymond James Financial Services
Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS provides a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.65 trillion as of July 31, 2025. Additional information is available at
raymondjames.com
.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. FlahertyColvin is not a registered broker/dealer and is independent of Raymond James Financial Services.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, Certified Financial Planner®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
