People Moves

Who's Moving Where In Wealth Management? – Raymond James

Editorial Staff February 16, 2024

Who's Moving Where In Wealth Management? – Raymond James

The latest moves and appointments in wealth management in the Americas.

Raymond James 
Raymond James has welcomed financial advisor Enrique Gumucio to the group’s employee advisor channel.

Gumucio, who is joining the Brickell Avenue branch in Miami, was formerly at Morgan Stanley, where he managed about $100 million in client assets.

Starting his financial services career in 1997, Gumucio previously spent 25 years with Fifth Third Bank, Lloyds TSB Bank, Banco Santander International, Merrill Lynch and Morgan Stanley. He will serve clients as a senior vice president, wealth management.

Raymond James
Raymond James has welcomed financial advisors David Behar and David Nagel to the firm's employee advisor channel – in Hallandale Beach, Florida.

The advisors operate as the Behar-Nagel Group of Raymond James. They serve clients such as business owners, executives, family offices and individuals preparing for or living in retirement. The advisors, who are joined by senior registered client service associate Lynne Kistenmacher, previously managed about $340 million in client assets at Morgan Stanley.

Behar has more than 43 years of accumulated expertise in banking and wealth management. He has worked at Israel Discount Bank, Multi Commercial Private Bank Switzerland, and Multi Commercial Private Bank for nearly two decades before transitioning to Smith Barney as a financial advisor in 1999. Behar later joined UBS in 2005 and Morgan Stanley in 2014. He is a graduate of Tel Aviv University and the International Banking Institute.

A New York native, Nagel serves clients as vice president, wealth management. He began his financial services career at Morgan Stanley, where he spent over six years as a financial advisor. His professional background also includes six years working for an employment screening company. 

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