Raymond James appoints Dave Pederson to lead its combined wealth management business

Raymond James has appointed Dave Pederson as chief wealth management officer to lead its newly combined Wealth Management Services business in the UK.

The division brings Raymond James’s wealth managers together under one leadership team.

Raymond James said, following its move to a single brand, the newly combined division was the next step in bringing the firm together as a single entity in the UK.

Pederson brings more than 25 years of experience in leading client-facing teams and branch networks to his new role.

After joining Raymond James in 2021 from Brown Shipley to lead its regional branch network, Pederson became managing director of Investment Management Services and a member of its Executive Leadership Team in 2024.

He will be supported in his new role by Rob Dornan, who is currently director of investment management services and will become managing director of Wealth Management Services.

The appointments sit alongside that of Anna Pollins as chief commercial officer, who is leading the firm’s client proposition and growth agenda, including central financial planning, Charles Stanley Direct, and platform business.

“Bringing our wealth managers together under Dave’s leadership is an important step in building one united firm, giving them consistent support and the backing of our global parent to serve their clients exceptionally well,” said Raymond James chief executive officer, Kim Jenson.

“Wealth management will always be personal, and the relationship between a client and their wealth manager, often built over generations, will remain at the centre of our business as we continue to build one of the UK’s leading wealth management firms.”

Pederson added: “Throughout my career I have always believed in putting the client first.

“Our wealth managers are at their best when they have the time to build deep and meaningful relationships with the families they serve, and my priority is to give them the support to do exactly that, getting right not just what we deliver, but how we deliver it.

“I am looking forward to working closely with Kim, Anna and every one of our wealth managers, as we take this next step together.”

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