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Arnold Weitz & Co.
Arnold Weitz & Co. is a Raymond James-affiliated wealth advisory practice based in Elkhorn, Nebraska, serving families and business owners in the Omaha...
Arnold Weitz & Co.
Arnold Weitz & Co. functions as an independent contractor office within Raymond James Financial Services, the independent broker-dealer arm of Raymond James Financial. This structure is a longstanding one in American wealth management: the advisor team operates under its own brand while accessing Raymond James's clearing, custody, compliance, and investment-banking resources. The firm is based in Elkhorn, a western suburb of Omaha, and serves individuals, families, and business owners in the greater Omaha metropolitan area. The practice delivers financial planning, retirement-income strategies, and portfolio management to a predominantly local client base. Its affiliation with Raymond James provides access to managed account platforms, separately managed accounts, alternative investments, and insurance solutions — a product set that a standalone registered investment adviser in a market of Elkhorn's size would rarely build independently. The firm's investment committee or lead advisor constructs portfolios drawing from Raymond James's approved lists of mutual funds, exchange-traded funds, and third-party strategists, rather than running proprietary direct-investment mandates. Raymond James Financial reported $1.48 trillion in total client assets across its Private Client Group, Capital Markets, and Asset Management segments as of March 31, 2025 (per Raymond James, 2025). Arnold Weitz & Co.'s individual contribution to that total is not publicly disclosed. The firm maintains its office on the Raymond James domain, and its advisors are registered with FINRA and subject to Raymond James's supervisory framework — a governance architecture that places ultimate trade-review and product-suitability obligations on the home office in St. Petersburg, Florida. The practice's structural differentiator is its hybrid posture — local brand, national platform. It competes for clients against regional banks, independent RIAs, and wirehouse teams in a market where Omaha's concentration of financial-services talent, anchored by Berkshire Hathaway and the operations of TD Ameritrade, raises the bar for advice. The firm's succession and continuity planning is tied to Raymond James's succession-lending program and practice-valuation framework, which allows senior advisors to transition equity to junior partners over time rather than selling to a consolidator.
General information
Firm type
Bank / Wealth / Trust
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Elkhorn
Corporate office
Elkhorn, NE, United States
Sector focus
Frequently asked questions
Is Arnold Weitz & Co. an independent firm or part of a larger entity?
It operates as an independent contractor office of Raymond James Financial Services, the independent broker-dealer division of Raymond James. The firm uses its own brand and manages client relationships locally, while Raymond James provides clearing, custody, compliance, and product access. This is a common structure in US wealth management, distinct from both wholly independent RIAs and wirehouse employee-advisor models.
What investment products and strategies does the firm offer?
Through its Raymond James affiliation, the practice accesses a broad shelf of managed account platforms, separately managed accounts, mutual funds, ETFs, alternative investments, and insurance-based solutions. The firm constructs portfolios from Raymond James's approved product list and may utilize third-party strategists. It does not appear to operate proprietary direct-investment or private-fund vehicles.
Who runs investment decisions at Arnold Weitz & Co.?
Specific advisor names and investment-committee structures are not publicly detailed. As a Raymond James-affiliated practice, individual advisors hold FINRA registrations and operate under Raymond James's supervisory framework, which places trade-review and suitability obligations on the home office. Portfolio construction is typically advisor-led, drawing on the firm's approved investment platforms.
How does the firm charge for its services?
Like most Raymond James-affiliated practices, Arnold Weitz & Co. likely offers both fee-based advisory accounts, which charge a percentage of assets under management, and commission-based brokerage accounts. The exact fee schedule is disclosed in client agreements and Form ADV filings, but not published on the firm's limited public website.
What is the firm's succession plan?
Raymond James offers a formal succession and acquisition program for its affiliated practices, including lending to internal successors and a valuation framework that facilitates equity transitions from senior to junior advisors. Practices in the network commonly use this infrastructure rather than selling to outside consolidators, though Arnold Weitz & Co.'s specific plan is not public.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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