St. Pete-Based Raymond James Snags Advisers From Wall Street

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.

Read the complete story.
Enjoy this story? Sign up for free solutions-based reporting in your inbox each week.