Steward Partners, Raymond James open new office

Steward Partners Global Advisory LLC, an independent partnership associated with Raymond James Financial Services Inc., announced it has opened a new office in Morristown.

This marks Steward Partners’ 15th location nationwide and its second in the Garden State.

In addition, the company has hired several new advisors who will be based in Morristown.

David Elwood and Richard Elwood, who make up the Elwood Wealth Management Group, have joined Steward Partners from Wells Fargo. Matthew Baltuch, formerly of Morgan Stanley, has also joined the company.

“Matthew, David and Richard each represent the type of high-performing, talented advisors we look for at Steward Partners,” said Jim Gold, Steward Partners’ CEO. “It’s clear that more and more advisors are seeing the value in independence, and we couldn’t be more excited to continue our 2018 momentum by welcoming these fine folks to the Steward family.”

“We’re thrilled for the opportunities and value our new home will create for our clients,” David Elwood said. “Working with Steward Partners and Raymond James grants us greater flexibility, which in turn allows us to better serve our clients and connect with them in new ways.”