Raymond James has appointed Dave Pederson as chief wealth management officer, with responsibility for Wealth Management Services, a new division that combines the firm’s UK wealth management operations.
The change follows Raymond James’s move to a single brand in the UK.
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Rob Dornan, currently director of investment management services, will become managing director of wealth management services.
The firm has also appointed Anna Pollins as chief commercial officer.
She will oversee the client proposition and growth agenda, including central financial planning, Charles Stanley Direct, and the platform business.
Pollins and Pederson will work on closer coordination between financial planning and investment management.
Pederson joined Raymond James in 2021 from Brown Shipley, where he had worked for eight years. At Raymond James, he initially led the regional branch network.
He became managing director of Investment Management Services and joined the executive leadership team in 2024.
Before joining Raymond James, Pederson was head of the international office at Brown Shipley.
He also led the UK integration management office during the acquisition of a Dutch private bank.
Earlier, he spent more than 10 years at Lloyds Banking Group, most recently as regional manager for the North.
Raymond James CEO Kim Jenson said: “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.
“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.”
