Raymond James welcomes experienced New Jersey advisor managing $176 million

ST. PETERSBURG, Fla. – Raymond James recently welcomed financial advisor John Caracappa, AAMS^®, to Raymond James & Associates (RJA) – the firm's employee advisor channel ­– in Tinton Falls, New Jersey, according to Tony Barrett, North Atlantic regional director for RJA.

Caracappa arrives from Morgan Stanley, where he managed over $176 million in client assets, and is joined by senior registered client service associate Margaret Sweeney. As Cogent Wealth Management of Raymond James, they serve endowments and foundations, families, individuals, non-profits, family offices and sudden wealth clients.

“At Raymond James, we found a firm that has built a culture around people and progress with the reputation to back it up,” said Caracappa. “The firm has a strong history for client satisfaction, thoughtful business management and exceptional resources that truly sets them apart.”

Caracappa brings over 32 years of experience in the financial services industry to his role as senior vice president of investments. He most recently served at Morgan Stanley for 16 years and holds the Accredited Asset Management Specialist designation.

About Raymond James & Associates
Raymond James & Associates, Inc. (RJA), member New York Stock Exchange/SIPC, is an industry leader in financial planning and wealth management services for individuals, high-net-worth families, corporations and municipalities. RJA is a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF), one of the nation's premier diversified financial services companies with advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.65 trillion as of July 31, 2025. Additional information is available at raymondjames.com.