Raymond James Hires PNC Advisor Trio

Three private wealth advisors managing more than $1.5 billion in client assets have joined Raymond James as KKM Wealth Partners.

Updated on Nov. 5, 2026 in Financial Planning

Raymond James hired a trio of private wealth advisors from PNC Private Bank, who manage more than $1.5 billion in client assets and will operate as KKM Wealth Partners within the firm's Alex. Brown division. The team provides wealth management guidance to high-net-worth individuals and multigenerational families.

Why it matters

The move adds a sizable book of high-net-worth client assets to Raymond James's advisory platform and reflects continued competition among firms for experienced wealth advisors. For clients, it signals a transition in their advisory relationship that the firm has not detailed beyond the announced hire.

Raymond James's announcement cites more than $1.5 billion in client assets for the trio, which is part of a series of advisor hires that includes a $1.2 billion Truist advisor duo and a $700 million UBS team. The release does not specify how much of the $1.5 billion is expected to remain with the firm after the transition.

The players

Raymond James

Raymond James is a St. Petersburg, Florida-based financial services firm that operates wealth management and investment banking businesses across the United States.

PNC Private Bank

PNC Private Bank is the private wealth banking division of PNC Financial Services, serving high-net-worth clients across the United States.

Kenneth Killfoil

Kenneth Killfoil is a financial advisor with more than 20 years of experience in financial planning and investment management who previously spent 13 years at PNC.

The details

Kenneth Killfoil, who worked 13 years at PNC, joined alongside Kathleen Koch, who worked 10 years at their previous firm, and Kris Morin, a former trusts and estates attorney who began his financial services career in 2022. The advisors are supported by registered client service associate Mallory Schmidt and joined Raymond James & Associates, the firm's employee advisor channel.

2022: Kris Morin began his financial services career.
November 5, 2026: Raymond James announced the advisor trio's hire.

Market Dynamics

The hire is one of several advisor-team announcements Raymond James made in the same period, including a Truist duo managing more than $1.2 billion and a UBS team overseeing more than $700 million. Together these moves reflect firms competing for established wealth advisors who bring existing client books.

Clients of the PNC advisors should watch for communications about whether their accounts and advisory relationship will move to Raymond James. Investors working with wealth advisors may want to ask how any firm change affects fees, account custody, and service continuity.

The takeaway

When a wealth advisor changes firms, reviewing account custody, fee structure, and service arrangements directly with your advisor helps you understand what changes and what stays the same.