Raymond James welcomes advisor managing over $350 million to investment program at First Mid
ST. PETERSBURG, Fla. – Raymond James Financial Institutions Division (FID) recently welcomed financial advisor Nick Bronson, CPFA, to First Mid Wealth Management (FMWM), part of First Mid Bank & Trust, according to Stephen Kruchten, president of FID. With this new alignment, Bronson will provide clients with investment and wealth management services through Raymond James Financial Services.
Bronson is based in Burlington, Iowa, and manages approximately $355 million in client assets. He was previously affiliated with LPL Financial as part of Two Rivers Bank & Trust, which was acquired by First Mid in October.
“Nick approached this transition with a clear focus on what would best serve his clients and support the continued growth of his practice,” said Grace Austin, senior vice president and North division director of FID. “By aligning with Raymond James FID, he gains the technology, investment breadth and institutional support designed to help advisors operate at a high level.”
“Nick’s experience, client-first mindset and strong ties to the Burlington community make him a valuable addition as we continue to grow and enhance our wealth management program, supported by the full breadth of Raymond James FID’s resources and capabilities,” said Brad Beesley, president and CEO of FMWM.
Bronson began his financial services career in 2019 with his previous firm and holds the Certified Plan Fiduciary Advisor designation. He earned a bachelor’s degree from the University of Iowa.
About the Financial Institutions Division
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions.
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 $1.83 trillion as of Feb. 28, 2026. Additional information is available at raymondjames.com.
About First Mid Bancshares, Inc.
About First Mid Bancshares, Inc.: First Mid Bancshares, Inc. is the parent company of First Mid Bank & Trust, N.A., First Mid Insurance Group, and First Mid Wealth Management Company. First Mid is a $7.6 billion community-focused organization that provides financial services including banking, insurance, wealth management, brokerage, and ag services through a network of locations in Illinois, Missouri, Texas, and Wisconsin, and a loan production office in Indiana. Together, our First Mid team takes great pride in providing solutions and services to our customers and communities and has done so since 1865. More information about the Company is available on our website at www.firstmid.com. Our stock is traded in The NASDAQ Stock Market LLC under the ticker symbol "FMBH". Member FDIC | Equal Housing Lender.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, and are not insured by bank insurance, the FDIC or any other government agency, are not deposits or obligations of the bank, are not guaranteed by the bank, and are subject to risks, including the possible loss of principal. First Mid Bancshares and First Mid Wealth Management are not registered broker/dealers and are independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services, Inc.