Raymond James names Patrick O'Connor Private Client Group COO

O'Connor will lead growth initiatives, strategy execution, education and support functions across all affiliations.

Apr. 17, 2026 at 9:20am

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A minimalist studio still life featuring a stack of financial documents, a pen, and a calculator arranged on a clean, monochromatic background, symbolizing the abstract concepts of corporate strategy and wealth management.The appointment of a new COO signals Raymond James' commitment to strengthening its wealth management services and supporting financial advisors.Warrington Today

Raymond James has appointed Patrick O'Connor, chief operating officer (COO) of the firm's advisor employee division Raymond James & Associates, to serve as COO in support of all affiliation models within the U.S. Private Client Group (PCG). Effective May 15, O'Connor will lead PCG growth initiatives, strategy execution, education and support functions across all affiliations.

Why it matters

The appointment of Patrick O'Connor as the new COO of Raymond James' Private Client Group is a significant move that reflects the firm's commitment to strengthening its wealth management business and supporting its network of financial advisors. O'Connor's deep institutional knowledge and proven leadership will be crucial in driving the group's strategic initiatives and enhancing the services provided to clients.

The details

Patrick O'Connor, who has been with Raymond James for over 24 years, previously served as a division director in the firm's Central division and SVP, regional director of the Florida region. Before joining the Private Client Group, he held various senior roles within the firm's Wealth, Retirement & Portfolio Solutions and Alternative Investments groups. In his new role, O'Connor will be responsible for leading growth initiatives, strategy execution, education and support functions across all of Raymond James' affiliation models within the Private Client Group.

  • Effective May 15, 2026, Patrick O'Connor will assume the role of COO of the U.S. Private Client Group at Raymond James.

The players

Patrick O'Connor

Chief operating officer (COO) of the advisor employee division Raymond James & Associates, who has been appointed as the new COO of Raymond James' U.S. Private Client Group.

Tash Elwyn

President of the U.S. Private Client Group at Raymond James.

Raymond James Financial, Inc.

A leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities.

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What they’re saying

“With more than 24 years at Raymond James, Patrick has made a lasting impact on our private client business by embodying our core values. His deep institutional knowledge, client-first mindset and proven leadership uniquely position him to lead key strategic initiatives and further strengthen our wealth management business - supporting advisors in deepening relationships and delivering personalized outcomes for the clients they serve.”

— Tash Elwyn, President, U.S. Private Client Group

“I'm excited to join Tash and the PCG leadership team in supporting advisors across all our divisions. Building on the firm's strong momentum and values-driven culture, I look forward to contributing to our long-term growth and further strengthening our commitment to inspire and empower the world's best financial professionals.”

— Patrick O'Connor

What’s next

Raymond James will officially appoint Patrick O'Connor as the new COO of the U.S. Private Client Group effective May 15, 2026.

The takeaway

The appointment of Patrick O'Connor as the new COO of Raymond James' Private Client Group underscores the firm's focus on strengthening its wealth management business and supporting its network of financial advisors. O'Connor's deep industry experience and proven leadership will be crucial in driving the group's strategic initiatives and enhancing the services provided to clients.