After 52 Years at Merrill, Duo Producing $7.5 Million Goes Indie with RayJay
March 3, 2020
By Mason Braswell
Two lifetime Merrill Lynch brokers in Alexandria, Virginia, who said they had been generating around $7.5 million in annual revenue have affiliated with Raymond James Financial as independent contractors.
Neil J. Goetzman, who spent his 32-year career with Merrill, and Jeffrey A. Nau, a 20-year lifetime Merrill veteran, launched Goetzman Nau Financial Partners with Raymond James Financial Services on Friday, the two confirmed in a brief interview. They said they were managing about $900 million of client assets.
“We’re happy to be independent,” Nau said, declining to elaborate on details of their search and their motivation for shedding their wirehouse roots.