Reuters reports that in the past four months, St. Petersburg-based financial firm
Raymond James has picked up 10 former advisers from Wall Street firms like
Morgan Stanley and
Wells Fargo.
These individuals have overseen more than $1 billion in client assets.
The newly hired advisers add to Raymond James' already-growing advisory team, which grew by 4 percent last year and oversaw client assets that grew to $232 billion.
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