Raymond James hires new head of M&A

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Building off a record year for advisory work, Raymond James has hired a new head of mergers and acquisitions.

Craig McDougall joins Raymond James as senior managing director and head of M&A. Most recently, Mr. McDougall worked at National Bank Financial. He has been tasked with building a dedicated advisory team at his new shop.

The hire comes on the heels of other recent additions at Raymond James, which include hiring managing director Sean Martin as head of financial institutions and adding Michael Overvelde as an analyst to cover diversified financials.