Mike Fink and Will Bach both join from Morgan Stanley Smith Barney, where their team had more than $600 million in client assets under management and more than $1 million in annual fees and commissions.
The new hires come a month after Raymond James finalized its acquisition of Morgan Keegan, and both organizations influenced the team’s decision to move, Fink said in a statement.
“Our decision was initially based on Morgan Keegan’s expertise in institutional fixed income, which represents the majority of our assets under management,” Fink said. “But after meeting with the upper management of Raymond James and understanding the culture of respect for employees as well as retail clients, we knew our association was the perfect complement to our growing retail business.”
Fink had been with Morgan Stanley since its merger with Smith Barney, where he was previously employed. Fink joined Smith Barney from Dean Witter, which he joined in 1995.
Bach was hired by Smith Barney in 2009 as part of its last hiring class prior to the Morgan Stanley merger. Before that, he served as a part-time independent advisor in Indianapolis at the Austin Group while also working as a full-time police officer.
Also joining Raymond James-Morgan Keegan from Morgan Stanley Smith Barney with the team are financial advisor Brad Drager and registered sales assistant Emilie Theriot.
