Doug Kentfield Promoted to President by Steward Partners
30-year industry veteran will continue to head up wealth management as well as assume additional duties as member of executive team
WASHINGTON, Oct. 11, 2021 /PRNewswire/ -- Steward Partners Global Advisory, an employee-owned, full-service wealth management firm associated with Raymond James Financial Services, Inc. (member FINRA/SIPC), announces that Doug Kentfield has been promoted to President after having served as Head of Wealth Management for the past two years. Together with CEO James Gold and COO Hy Saporta, he will develop strategic initiatives to build upon Steward Partners' dramatic growth trajectory.
"Doug has done a phenomenal job heading up our wealth management practice and his leadership has been an integral contributor to Steward Partners' spectacular growth over the last two years. This well-deserved promotion is in recognition of those efforts," said James Gold, Steward Partners Global Advisory CEO. "He has more than 30 years in the industry and an understanding of the advisory space that has proven invaluable as we complete the integration of our acquisition of Umpqua Investments, with its advisors representing an additional $3.4 billion in assets."
"I'm deeply honored by this recognition and appreciate all the support I've gotten from our advisor partners and our internal staff," said Doug Kentfield. "It's truly the collective efforts of all of us together that have made Steward Partners the industry force that it is today. I look forward to working closely with Jim Gold and COO Hy Saporta to see that Steward Partners achieves its full potential."
Doug Kentfield started his career as a Financial Advisor with E.F. Hutton, then spent 12 years with Smith Barney as a Branch Manager, Regional Director and Divisional Director. After Smith Barney's acquisition by Morgan Stanley in 2009, he successfully merged the two wealth management organizations into a single culture and platform while simultaneously driving revenue and profitability gains. Prior to joining Steward Partners, Doug served as a Senior Advisor for NextShares Solutions, LLC.
Steward Partners Investment Advisory has been one of the fastest growing RIA firms since its launch in 2016 and in less than five years was named #20 on the Barron's Top 100 RIA Firm List for 2021. Steward Partners also had seven advisor partners named to the Forbes 2021 List of Best-In-State Wealth Advisors, an annual ranking spotlighting more than 5,000 advisors who are researched, interviewed, and assigned a ranking based on an algorithm of qualitative and quantitative criteria. The firm was also chosen as one of the Top Workplaces by The Washington Post and named to the 2021 Greater Washington Area Best Places to Work list, an annual awards program presented by the Washington Business Journal, marking the fifth consecutive year the company has been awarded this honor.
About Steward Partners Global Advisory
With offices in Newtown, CT, Washington, D.C., Clearwater, FL, Andover and Boston, MA, Baltimore and Bethesda, MD, Portland, ME, St. Louis, MO, Hendersonville, NC, Keene, Manchester and Portsmouth, NH, Paramus and Morristown, NJ, Albany and New York City, NY, Conshohocken, PA, Austin, Dallas and Houston, TX, McLean, McLean II, Norfolk and Richmond, VA, and Mequon, WI. Steward Partners Global Advisory, LLC, is an employee-owned, full-service independent partnership catering to family, institutional and multigenerational wealth. For more information, visit us at www.stewardpartners.com.
About Raymond James Financial Services, Inc.
Raymond James Financial Services, Inc. is a financial services firm supporting 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. (NYSE-RJF) a leading diversified financial services company with approximately 8,400 financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.18 trillion as of 7/31/21.
Steward Partners Holdings, Steward Partners Global Advisory, LLC maintain a separate professional business relationship with, and our registered professionals offer securities through, Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Steward Partners Investment Advisory, LLC, 1776 I Street NW, Suite 700, Washington, DC 20006. Toll Free: (844) 801-8268.
Barron's Top 100 RIA Firms, 2021. Barron's is a registered trademark of Dow Jones & Company, L.P. All rights reserved. Participation in this ranking is by invitation only and limited to firms that meet the minimum eligibility requirements. About 200 firms were nominated, with 100 being ranked. Participating firms were evaluated and ranked on a wide range of quantitative and qualitative data, including assets overseen by the firm, revenue generated by the firm, level of technology spending, number of clients, size of staff, diversity across staff, and placement of a succession plan. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of the advisor's future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. Barron's is not affiliated with Raymond James.
The 2021 Washington Business Journal BPTW honor and the Washington Post's Top Workplace awards are not awarded based on investment advisory services rendered. This ranking is not indicative of advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Raymond James is not affiliated with Washington Business Journal or the Washington Post.
The Forbes ranking of Best-In-State Wealth Advisors, 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. Those advisors that are considered have a minimum of seven years of experience, and 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 32,725 nominations, more than 5,000 advisors received the award. 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. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please visit https://www.forbes.com/best-in-state-wealth-advisors for more info.
Media Contact:
Michaela Morales
JConnelly
[email protected]
973.224.7152
SOURCE Steward Partners Global Advisory Group
Related Links
http://www.stewardpartners.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article