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Toby Banks

Advisor at Raymond James & Associates

Updated today

Location

Jasper, AL 35501

Credentials

Series 63, Series 65

Industry experience

31 years

About

Toby Banks is a financial advisor with Raymond James & Associates in Jasper, Alabama, holding Series 63 and Series 65 credentials and bringing 30 years of industry experience. His prior roles include extensive service at Synovus Bank and Synovus Securities Inc. from 1997 to 2021. Raymond James & Associates offers financial planning and investment consulting to a diverse client base, including individuals, retirement plans, corporate and charitable entities, as well as state and municipal governments. The firm provides both non-discretionary advisory services and institutional consulting, with notable capabilities in public finance and municipal work.

Client services

Based on Raymond James & Associates

Financial planning Portfolio management Pension consulting Selection of other advisers Educational seminars or workshops
Please see note in schedule d - miscellaneous

Expertise

Based on Raymond James & Associates

General retirement planning Wealth management

Occupation focus

Based on Raymond James & Associates

Founder/Business Owner Retired Executive

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Fee options

Fixed

Fixed (flat) dollar fees for planning and/or investment consulting services may apply, negotiated and disclosed in client agreement.

Commissions

Financial advisors may earn commissions and/or trail fees for brokerage transaction-related services as registered representatives.

Project-based

Hourly fees for planning and/or investment consultation services generally up to $400 per hour.

Other

Fee-only: Planning and/or investment consulting fees may be hourly (up to $400/hour), fixed (flat) dollar fees, or percentage of assets under advisement (not to exceed 2.25%). Fees are negotiable and disclosed in client agreement.

Location

401 19th Street East

Jasper, AL 35501

Most active in

Alabama

Work history

Raymond James & Associates, INC

2021 - Present (5 years)

Synovus Bank

2019 - 2021 (2 years)

Synovus Securities Inc

2019 - 2021 (2 years)

Synovus Bank

2006 - 2019 (13 years)

Synovus Securities, Inc.

1997 - 2019 (22 years)

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Thomas F

CFP®, Series 65, Series 66

Jasper, AL

Steward Partners Investment Advisory, LLC

Thomas Ferrell is a CFP®-certified financial advisor with 26 years of industry experience. He is currently with Steward Partners Investment Advisory, LLC and has held roles at firms including Cantella & Co., Inc. and Cambridge Investment Research. Outside of his advisory work, he serves on the board of the Musgrove Country Club in Jasper, Alabama. Steward Partners Investment Advisory manages approximately $28.34 billion in assets and serves a diverse client base ranging from non-high-net-worth individuals to institutional clients. The firm offers discretionary and non-discretionary portfolio management through proprietary strategies and third-party managers, utilizing a range of investment vehicles tailored to client objectives.

ESG / Sustainable investing Founder/Business Owner Retired
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Andrew W

Series 66

Jasper, AL

Steward Partners Investment Advisory, LLC

Andrew Wiginton is a financial advisor with Steward Partners Investment Advisory, LLC in Jasper, Alabama. He holds a Series 66 designation and has been in the industry since 2025. Prior to his current role, he worked in general contracting and engineering. Outside of advisory activities, he is a limited partner in MWIG3, LLC, a residential real-estate acquisition and development business. Steward Partners Investment Advisory, LLC manages over $28 billion in assets and serves a diverse client base including individuals, charitable organizations, and institutions. The firm offers discretionary and non-discretionary portfolio management using proprietary and third-party strategies across multiple asset classes.

ESG / Sustainable investing Founder/Business Owner Retired
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Michael W

CFA®, Series 63, Series 66

Jasper, AL

Steward Partners Investment Advisory, LLC

Michael Wiginton Sr. is a CFA® charterholder with 22 years of experience in the financial services industry. He is currently with Steward Partners Investment Advisory, LLC and has previously worked at Cantella & Co Inc and Cambridge Investment Research. Outside of advisory roles, he serves as a board member for The Grand Residences HOA in Panama City, FL, and is involved in several real estate ventures. Steward Partners Investment Advisory, LLC manages approximately $28.34 billion in regulatory assets and serves a diverse client base including individuals, charitable and corporate clients, and institutions. The firm’s investment approach integrates proprietary Life Wealth Optimization models and third-party money managers, offering portfolio management across multiple asset classes tailored to client objectives.

ESG / Sustainable investing Founder/Business Owner Retired
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Luke F

Series 66

Jasper, AL

Steward Partners Investment Advisory, LLC

Luke Ferrell is a financial advisor at Steward Partners Investment Advisory, LLC with four years of industry experience. He holds the Series 66 designation and has worked at several firms, including Cambridge Investment Research and Cantella & Co., Inc. Outside of finance, he has experience associated with country club operations. Steward Partners Investment Advisory, LLC manages approximately $28.34 billion in regulatory assets and serves a diverse client base, including individuals, charitable and corporate clients, and institutional plans. The firm offers discretionary and non-discretionary portfolio management using proprietary and third-party strategies across multiple asset classes.

ESG / Sustainable investing Founder/Business Owner Retired
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Randa B

Series 63, Series 66

Dora, AL

Edward Jones

Randa Byars is a financial advisor at Edward Jones with four years of industry experience. She holds Series 63 and Series 66 licenses. Prior to Edward Jones, she worked at Northwestern Mutual Investment Services LLC and Adam Rhoades. Edward Jones is a full-service wealth management firm serving over four million individual and institutional clients. The firm offers a range of investment strategies and operates under a fiduciary standard, managing approximately $1.01 trillion in assets through a nationwide network of financial advisors and branch offices.

Wealth management Tax-loss harvesting Multi-generational wealth transfer Retired Founder/Business Owner Executive
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Matthew L

Series 66

Jasper, AL

Raymond James & Associates

Matthew Laird is a financial advisor with Raymond James & Associates in Jasper, AL, holding a Series 66 designation and 25 years of industry experience. He has been with Raymond James & Associates since 2013. Outside of his advisory role, he serves as a director on the board of Bank of Walker County and is a part-owner of a Mosquito Authority franchise in San Antonio, Texas. He also holds officer positions with the Walker Area Community Foundation. Raymond James & Associates provides financial planning and investment consulting to a diverse client base, including individuals, retirement plans, corporate and charitable entities, and government clients. The firm offers tailored financial plans and investment recommendations through a range of advisory and institutional fiduciary solutions.

General retirement planning Wealth management Founder/Business Owner Retired Executive
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