Raymond James Financial Inc. has announced a new partnership with Bank Midwest, selecting its Financial Institutions Division $(FID)$ to support the bank's investment program, previously known as Midwest Wealth Management (MWM). Under this new collaboration, MWM will rebrand as Midwest Wealth Group $(MWG)$ and provide clients with wealth management services through Raymond James Financial Services. The MWG team, based in Spirit Lake, Iowa, oversees approximately $692 million in client assets and includes six financial advisors, seven branch professionals, and one program manager. This partnership aims to leverage Raymond James' resources, technology, and advisor-centric solutions to enhance the wealth management experience and support long-term growth for clients.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Raymond James Financial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251211382449) on December 11, 2025, and is solely responsible for the information contained therein.
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