Best-in-State · rank 22 · Birmingham, Alabama · listed firm: Raymond James & Associates
Identity & firm
- Firm — Raymond James & Associates (high)
- “Raymond James & Associates” — forbes_shook
- Parent company — Raymond James Financial, Inc. (high)
- “Raymond James positions itself as 'the premier alternative to Wall Street' – offering independence with institutional backing” — firm_official
- Firm type — independent_ria (medium)
- “Independent Broker-Dealer offering independence with institutional backing” — firm_official
- Team name — Simpson Wealth Management (high)
- “Simpson Wealth Management of Raymond James” — firm_official
- Team size — gap: not_public
- CRD — 2252872 (medium)
- “CRD Number: 2252872” — sec_finra_regulatory
- Years experience — 33 (high)
- “Career start: 1992 with Prudential Securities” — firm_official
- Designations — gap: not_found_after_search
Book of business
- Team AUM ($M) — 573 (high)
- “Team Assets (Custodied): $573M” — forbes_shook
- Account minimum ($M) — 0.5 (high)
- “Minimum account size for new business: $500K” — forbes_shook
- Typical client net worth ($M) — 3 (high)
- “Typical Net Worth of Relationships: $1-5M” — forbes_shook
- Client niche — generalist (medium)
- “Comprehensive Planning Process that creates customized strategies to manage, preserve, and transfer wealth with focus on understanding clients' unique circumstances and life stage” — firm_official
- Custodians — not_applicable (high)
- “Raymond James & Associates as independent broker-dealer manages custodial relationships” — firm_official
- Fee model — gap: not_public
Positioning & marketing
- Website url — https://www.raymondjames.com/simpsonwm (high)
- “Simpson Wealth Management - Raymond James” — firm_official
- Value proposition (verbatim) — Comprehensive Planning Process. We create customized strategies to manage, preserve, and transfer your wealth through a disciplined planning process that accounts for short and long-term goals, risk tolerance and market conditions. (high)
- “Comprehensive Planning Process. We create customized strategies to manage, preserve, and transfer your wealth through a disciplined planning process that accounts for short and long-term goals, risk tolerance and market ” — firm_official
- Differentiators — Customized portfolios flexible to changing client needs, Focus on unique circumstances and life stage, Disciplined, integrated planning approach, Raymond James institutional backing with local expertise (medium)
- “Customized, diversified portfolios flexible enough to meet changing client needs. We take a team approach to financial planning, tailoring strategies to your individual needs and life circumstances.” — firm_official
- Content marketing — gap: unclear_definition
- Has podcast — no (medium)
- “No podcast presence identified” — firm_official
- Books published — 0 (medium)
- “No published books identified in professional biography or online presence” — firm_official
- Linkedin url — https://www.linkedin.com/in/scott-simpson-73ba518/ (high)
- “Scott Simpson - Senior Vice President at Raymond James & Associates” — social_or_third_party_db
- Social presence — gap: not_found_after_search
- Press awards — Forbes Best-in-State Wealth Advisors 2026 (#22 Alabama), Forbes Best-in-State Wealth Advisors 2025 (#16 Alabama) (high)
- “Ranked #22 in Alabama on 2026 Forbes Best-In-State Wealth Advisors list, previously ranked #16 in 2025” — forbes_shook
Visual brand
- Has distinct logo — yes (medium)
- “Simpson Wealth Management maintains branded identity on team website” — firm_official
- Logo url — gap: not_found_after_search
- Visual brand notes — gap: unclear_definition