Raymond James Adds $1.2B Bank Team From LPL

Thompson became FirstBank president in 2018, according to his LinkedIn profile. He became affiliated with LPL in 2019, according to his report on the Financial Industry Regulatory Authority's BrokerCheck website.

"We are excited to continue our valuable partnership with the advisors and professionals from Franklin Synergy Bank, and to begin our new alignment with the team at FirstBank, as the two programs build their new legacy together as FirstBank Investment Partners," according to Tim Killgoar, senior vice president and FID national director.

"We are proud they found Raymond James' sophisticated technology and high-touch support to best fit their needs, and that they chose Raymond James FID as the optimal partner in delivering wealth management services to clients," he said in a statement. "We look forward to working with FirstBank Investment Partners as they continue to serve clients and grow their program."

Raymond James Financial now has about 8,200 financial advisors in the U.S., Canada and overseas, with total client assets of $993 billion. FirstBank has 87 full-service bank branches across Tennessee, South Central Kentucky, North Alabama and North Georgia, and it has about $11.0 billion in assets.