Raymond James welcomes experienced New Jersey financial advisor managing $125 million
ST. PETERSBURG, Fla. – Raymond James recently welcomed financial advisor Michael J. Salerno, CFP®, AIF®, ChFC®, CRPC®, CRPS®, RICP® CASL®, to Raymond James Financial Services (RJFS) – the firm’s independent advisor channel – according to Alex David, Northeast division director for RJFS.
Salerno joins from Commonwealth Financial Network where he managed approximately $125 million in client assets. He leads Executive Wealth and Retirement Strategies, based in Flemington, New Jersey, which specializes in personal retirement planning for corporate executives and business owners.
“My practice has always been centered on helping people navigate the financial decisions that shape their lives, and culturally Raymond James shares this philosophy,” said Salerno. “This change allows me to continue that mission with the added strength of a firm that supports independence and prioritizes the client-advisor relationship.”
A native of New Jersey, Salerno offers clients more than three decades of financial services industry experience. He began his career in 1993 and spent the past 14 years at Commonwealth. He is a CERTIFIED FINANCIAL PLANNER® professional and holds the Accredited Investment Fiduciary®, Chartered Financial Consultant™, Chartered Retirement Planning CounselorSM, Chartered Retirement Plan Specialist™, Retirement Income Certified Professional® and Chartered Advisor for Senior Living™ designations.
About Raymond James Financial Services
Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS provides a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.69 trillion as of Aug. 31, 2025. Additional information is available at raymondjames.com.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Executive Wealth and Retirement Strategies is not a registered broker/dealer and is independent of Raymond James Financial Services.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.