A number of factors affect the lateral–torsional buckling (LTB) behaviour of steel members. Residual stresses are known to influence LTB in the inelastic range, with differing patterns between rolled and welded sections causing differences in inelastic LTB capacity between the two section types, even if geometry is identical. Finite element simulations can facilitate detailed investigation of this phenomenon; however, it is important that assumed initial residual stress distributions used in such simulations are accurate. While residual stress data are available for welded sections, existing proposed predictive models for these stresses are based on limited data sets, making it unclear if the models are appropriate for a broader range of sections. Therefore, to address the need for accurate LTB simulations in research, a new predictive residual stress model for modern welded girders is proposed in this study, based on recent residual stress measurements on welded sections. The proposed model takes section geometry and welding parameters into account and is calibrated with multiple data sets from the literature. Finite element simulations of LTB are carried out using the proposed model and an additional model proposed by Chernenko and Kennedy.