At a glance
- Sean W. Fitzpatrick, one of the team's co-leads, began his career at Raymond James in 2002.
- For advisors weighing a similar move, the team supplies a benchmark: $3.3 billion across four people is $825 million per member.
- For the team's Houston clients, the practical change is which firm's platform, research and support staff sit behind the same four people.
Janney Montgomery Scott hired The Edwards Fitzpatrick Group, a four-person Houston team overseeing $3.3 billion, from Raymond James & Associates, according to AdvisorHub, which first reported the move.
Sean W. Fitzpatrick, one of the team's co-leads, began his career at Raymond James in 2002. Terms of the transition were not disclosed.
For advisors weighing a similar move, the team supplies a benchmark: $3.3 billion across four people is $825 million per member. The team's assets equal about 3% of the $110.1 billion in regulatory assets Janney reported to the SEC as of June 30, 2026.
For the team's Houston clients, the practical change is which firm's platform, research and support staff sit behind the same four people. For Raymond James, the departure removes $3.3 billion in client assets and a co-lead who started there in 2002.
The June 30, 2026 Form ADV filing precedes the move, so the $3.3 billion is not in the $110.1 billion Janney reported. The next Form ADV filing will be the first to show whether it lands there.
Reported by the Moves desk from AdvisorHub and SEC Form ADV via IAPD. Published . Corrections