A Cool Springs-based group of four experienced financial advisors have started 2021 with a move to Raymond James from Morgan Stanley.
The quartet — Randy Campbell, Eric Johnson, Mason McGiboney and Stacy Womack — and client service specialist Beth Wood does business as Campbell Johnson McGiboney Wealth Advisors and managed or consulting on about $1.1 billion in client assets while at Morgan Stanley. The group traces its beginnings to 1996, when Campbell and Johnson began working together. Campbell launched his investment management career more than three decades ago at the former Robinson Humphrey, which has through various deals morphed into Morgan Stanley.
Johnson has been in the industry for more than 23 years, working at Smith Barney/Morgan Stanley. McGiboney joined the team in 2014 after graduating with a degree in finance from Tennessee Technological University. And Womack, who is director of retirement plans, came aboard in 2016; he has more than 25 years of corporate retirement plan experience.
“Our core objective is to serve our clients with the best advice, counsel, support and service that we can provide,” Campbell said in a statement. “We determined Raymond James to be superior in every metric we used in our evaluation. It made our decision to select Raymond James as a partner an easy one.”
For Morgan Stanley, the loss of the Campbell Johnson McGiboney team — which is based in the Mallory Green building — is the second recent setback in Middle Tennessee. Last summer, a Columbia-based team managing nearly $400 million jumped from the firm to Robert W. Baird.