Raymond James has announced it has hired experienced financial advisor Martin Lutschaunig to Raymond James Financial Services (RJFS), the firm’s independent advisor channel. Alex David, Northeast division director for RJFS, revealed this executive hire.
As the president of Lutschaunig Wealth Management in Yardley, Pennsylvania, Lutschaunig is being joined by branch manager Patricia Niles. Together, they serve various clients, including healthcare professionals, women investors, and retirees, with customized strategies and objective advice to help them achieve their financial goals. Lutschaunig, who comes from Janney Montgomery Scott, previously managed about $265 million in client assets.
From a start as a senior accountant at Deloitte and Touche to more recent positions such as SVP at Merrill Lynch and EVP at Janney Montgomery Scott, Lutschaunig has gained 30+ years of experience in financial services. And he graduated with a Bachelor of Science from Villanova University and holds both the Certified Financial Planner and Chartered Retirement Plan Counselor professional designations.
Raymond James Financial Services (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS has provided a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, a member of the New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, one of the nation’s premier diversified financial services companies with about 8,700 financial advisors throughout the United States, Canada, and overseas. The total client assets are approximately $1.42 trillion as of February 29, 2024.
KEY QUOTE:
“Raymond James has a rich history of putting clients first, which was our top priority in choosing a firm, and we confirmed this time and time again during discussions with other advisors who had made the transition prior to ours. For Patti and me, it is the best of both worlds: A sophisticated platform with the freedom and flexibility to run our practice in a way that best suits our clients.”
- Martin Lutschaunig
