The Globe and Mail reports in its Friday edition that Raymond James has enhanced its wealth-management division by acquiring three investment adviser groups from RF Capital Group, overseeing over $1-billion in client assets. The Globe's Clare O'Hara writes that the Winnipeg-based groups were acquired shortly after RF Capital, known as Richardson Wealth, sold the business to iA Financial. The departures -- which include group leaders Ken Martin, Benji Miles, Jeremy Ruban and Trevor Stark, as well as a dozen associate advisers and support staff -- could be a sign of uncertainty for iA Financial, which had agreed to pay $20 a share, a 107-per-cent premium, for the group of 189 advisers. This follows another six-person group departure, led by adviser Joseph Bakish, who left Richardson earlier this month to join Manulife Financial's wealth business, taking about $350-million in client assets to the insurer. Richardson chief executive officer Dave Kelly said he cannot comment on specific personnel moves. However, he said the iA deal, which has not closed yet, is "full steam ahead" and will increase the value the firm can provide to its advisers in areas such as technology, product innovation and operational scale.