Raymond James Financial announced that financial advisors Peter Braun and K.C. Hosey have joined First Investments & Planning at FNBO through the company’s Financial Institutions Division (FID). The advisors will provide investment and wealth management services through Raymond James Financial Services.
Based in Kansas City, Missouri, Braun and Hosey manage approximately $515 million in client assets and serve high-net-worth individuals, families, and business owners. The team previously operated through UMB Financial Services.
According to Raymond James, the addition continues the expansion of First Investments & Planning, which has added nine advisors representing more than $1 billion in client assets since January 2026.
Raymond James said the Financial Institutions Division was established in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. The division delivers brokerage, advisory, investment banking, research, and wealth management services to participating financial institutions and their clients.
FNBO, a subsidiary of First National of Nebraska, said it is one of the largest privately held banks in the United States, with approximately $35 billion in assets and more than 4,500 employees. The bank operates across multiple states including Colorado, Illinois, Iowa, Kansas, Missouri, Nebraska, South Dakota, Texas, and Wyoming.
Raymond James Financial reported approximately $1.76 trillion in total client assets as of March 31, 2026.
KEY QUOTES:
“The continued expansion of First Investments & Planning reflects a disciplined approach to building a high-quality wealth platform. Peter and K.C. bring strong experience and a clear focus on client outcomes, and we’re proud to support their transition as the program continues to scale.”
Grace Austin, Senior Vice President and North Division Director, Financial Institutions Division at Raymond James
“This is a significant addition to our wealth business and reflects the momentum we’re building. A team of this caliber strengthens our ability to serve clients across multiple generations, deepen relationships and continue growing across our markets.”
Christopher Ruggiero, Senior Vice President, Head of Wealth and Institutional Services, FNBO
