Steward Partners and Raymond James welcome $210 Million team from Wells Fargo Advisors

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STRONG MOMENTUM FOR STEWARD PARTNERS IN WASHINGTON, DC CONTINUES

WASHINGTON, March 22, 2016 /PRNewswire/ -- Steward Partners Global Advisory LLC (Steward), an employee-owned, full service independent partnership, associated with Raymond James Financial Services, Inc. (member FINRA/SIPC) announced today that Derek Majkowski and George Shirley, have joined Steward Partners as partners and senior vice presidents. Majkowski and Shirley, formerly of Wells Fargo Advisors, joins Steward's headquartered Washington, DC office. Together they managed over $210 million in client assets, and produced over $1.3 million in annual revenue. They are the fourth multi-million dollar team to join the Washington, DC office and sixth in the greater DC metro region.

"Over the years, George and I have explored various business models throughout the industry," says Majkowski. "But times have certainly changed. After extensive due diligence and meeting with the executive management team at Steward Partners and Raymond James, this model checked the necessary boxes and then some: plus we get full service structure in the independent space, which is rare."

Jeff Gonyo, divisional president of Steward Partners Global Advisory adds, "The Majkowski and Shirley Group complement our already highly regarded advisory teams in Washington, DC. It's only mid-March and we have welcomed four new teams in DC, Maryland and New York. This demonstrates our methodical and measured growth strategy in our designated markets. Steward is about hiring great people first. We want our branches to be represented by quality people who are proud to work together."

Adds Shirley, "Derek and I feel that the resources, management team and culture that exists here at Steward Partners and Raymond James give us the opportunity to serve our clients in a far more meaningful way. When we focus on client service and not various banking initiatives, everything just comes together."

The addition of The Majkowski and Shirley Group brings Steward's on-boarded recruited AUM to over $1 billion in less than three months. Mike Maurer, Executive Chairman of Steward Partners Global Advisory as well as CEO of Steward Partners Holding continues, "We had a great launch in late 2013 and in less than two years, by the end of 2015, had grown to over $2 billion in recruited assets. Three months later we are over $3 billion. We expect this growth will actually increase in the next 3-6 months. Derek and George are great people first and foremost. They fit our culture. Our success with great teams like them is based upon delivering a value proposition to advisors and their clients that is the best of what they all remember from 'The Good Old Days,' but modernized and supported in a partnership culture. A recent reporter from a well-known newspaper called us 'Cutting Edge Nostalia' which I think resonates with many of our Steward Partners."

About Steward Partners Global Advisory

Headquartered in Washington, DC, with additional offices in Andover, MA, Portsmouth, NH, Bethesda, MD and New York City, Steward Partners Global Advisory, LLC is an employee-owned, full service independent partnership catering to family, institutional and multi-generational wealth.
For more information, visit us at www.stewardpartners.com.

About Raymond James Financial Services

Raymond James Financial Services, Inc. is a financial services firm supporting more than 3,600 independent financial advisors nationwide. Since 1974, Raymond James Financial Services Inc., member FINRA/SIPC, has provided a wide range of investment and wealth planning related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both broker/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. RJF a leading diversified financial services company with approximately 6,700 financial advisors serving in excess of 2.7 million client accounts in more than 2,700 locations throughout the United States, Canada and overseas. Total client assets are approximately $485 billion.

Steward Partners Holdings and Steward Partners Global Advisory, LLC maintains a separate professional business relationship with, and our professionals offer securities through Raymond James Financial Services, Inc., Member FINRA/SIPC. 1776 I Street, NW, Suite 700, Washington D.C. 20006 - Toll Free: (844) 801-8268.

Press Contact:

Gregory Banasz
202-930-6008
Greg.banasz@stewardpartners.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/steward-partners-and-raymond-james-welcome-210-million-team-from-wells-fargo-advisors-300239761.html

SOURCE Steward Partners Global Advisory LLC

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