Raymond James welcomes advisor team collectively managing over $995 million in assets
ST. PETERSBURG, Fla. – Raymond James recently welcomed financial advisors Adam Ours, John Koch and Padma Jambunath to Raymond James & Associates (RJA) – the firm's employee advisor channel – in Cleveland, Ohio, according to Amy Smart, Mid-American regional director for RJA.
Joining the team are senior client relationship manager Jeffrey Danzinger, senior registered client relationship associate Sasha Delic-Milanovic and senior client service associate Betsy Margolin. They arrive from Merrill Lynch, where they managed approximately $995 million in client assets and will operate as part of RJA’s Cleveland Beachwood branch. Together they serve business owners, corporate executives, families and individuals, pre-retirees, retirees and family offices. Recognized by Forbes as a 2024 Best in State Wealth Management Team, DKO Private Wealth Management of Raymond James holds over 150 years of collective industry experience.
“Joining Raymond James was a decision made with our clients in mind, allowing us to offer an even broader array of resources without sacrificing our client-first mentality. The firm’s commitment to financial stability and conservative management aligns closely with our values, ensuring we continue providing the objective, high-quality counsel our clients have come to trust,” said Ours. “We believe this transition will enhance what we can achieve together, backed by one of the most respected independent wealth management firms in the country.”
Ours brings over 20 years of financial services industry experience to his role as managing director, wealth management. He began his career with Northwestern Mutual Investments and most recently served at Merrill Lynch for 18 years. He received his undergraduate degree in business from Miami University, and an MBA from Cleveland State University. His professional experience is backed by the Certified Plan Fiduciary Advisor®, Chartered Retirement Planning Counselor™, Certified Private Wealth Advisor® and Sports & Entertainment Accredited Wealth Management Advisor® designations.
“At Raymond James, we have found a balance of size, scale and a deep focus on relationships that elevates our ability to serve clients. Its industry-leading research, advanced technology platforms and extensive investment options empower us to deliver sophisticated financial strategies while keeping client relationships at the forefront,” said Koch. “We are happy to bring these additional resources to our clients and believe it will improve what we can accomplish together.”
Koch began working in the financial services industry in 1993 at Lehman Brothers in San Francisco and most recently served at Merrill Lynch for over 15 years as a senior vice president, advisor, office director and sales manager for the Cleveland complex. He holds a bachelor’s degree from Miami University and has significant experience advising clients on asset allocation, alternative investments, hedging single stock exposure, tax minimization strategies and risk management of concentrated equity positions.
“In addition to values alignment, transitioning to Raymond James emphasizes our commitment to serving our clients’ best interests. Raymond James supports our client-first mentality with a wealth of resources and a welcoming, relationship-focused culture,” said Jambunath. “Our capacity to provide thoughtful wealth management for each of our clients has, and will continue, to expand with the tools and support we are provided.”
Jambunath brings extensive global financial services experience, most recently at Merrill Lynch. Born and raised in India, she has worked across Asia and Europe, eventually moving to the United States in 2009. She is a recipient of the Presidential Volunteer Service Award and her 11 years of U.S.-based financial services industry experience are backed by a bachelor’s degree and an MBA from India and a General Management Program certificate from Harvard Business School.
“We are pleased to welcome the DKO Private Wealth Management team to Raymond James. Their commitment to service and building trusted relationships with their clients makes them a seamless addition to our firm and division,” said Smart. “With Raymond James’ resources and support, we look forward to aiding the positive impact they have on their clients’ financial journeys.”
About Raymond James & Associates
Raymond James & Associates, Inc. (RJA), member New York Stock Exchange/SIPC, is an industry leader in financial planning and wealth management services for individuals, high-net-worth families, corporations and municipalities. RJA is a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF), one of the nation's premier diversified financial services companies with approximately 8,800 financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.54 trillion as of Oct. 31, 2024. Additional information is available at raymondjames.com.
2024 Forbes America's Top Wealth Management Teams Best-in-State
The 2024 Forbes Best-In-State Wealth Management Teams, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 3/31/2022 to 3/31/2023 and was released on 01/09/2024. Advisor teams that are considered must have one advisor with a minimum of seven years of experience, have been in existence as a team for at least one year, have at least 5 team members, and have been nominated by their firm. The algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 10,100 team nominations, 4,100 advisor teams received the award based on thresholds. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Compensation provided for using the rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please see https://www.forbes.com/lists/wealth-management-teams-best-in-state/ for more info.
Investments & Wealth Institute™ (The Institute) is the owner of the certification marks “CPWA®” and “Certified Private Wealth Advisor®”. Use of the CPWA® or Certified Private Wealth Advisor® signifies that the user has successfully completed IMCA’s initial and ongoing credentialing requirements for wealth advisors.
The Presidential Volunteer Service Award is not based in anyway on the individual's abilities in regards to providing investment advice or management. This award is not indicative of advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Raymond James and its advisors do not offer tax advice. You should discuss any tax matters with the appropriate professional.
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