Raymond James Goes With Internal Hire to Lead Independent Contractor Division
Raymond James has named Kirk Bell, a senior vice president and division director of the central U.S. for over 12 years, to lead its independent contractor channel.
Raymond James has appointed Kirk Bell as president of its independent contractor division, effective April 1.
Bell succeeds Shannon Reid, who left the firm af...
The appointment of Kirk Bell represents a calculated, if somewhat reactive, maneuver by Raymond James – a firm demonstrably battling for survival in a consolidating advisor channel. The departure of Shannon Reid, a long-tenured figure, signals a shift in priorities and an acknowledgement of external pressures; her move to Osaic likely represents a competitive lure, potentially concerning Raymond James’ strategic advantage. The increased compensation for recruitment and retention (22%) hints at ...
